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MARKET EYE-Tata Steel, Century Textile fall on ex-dividend day
July 16, 2012 / 5:18 AM / 5 years ago

MARKET EYE-Tata Steel, Century Textile fall on ex-dividend day

* Tata Steel falls 2.5 percent, while Century Textile
 loses 2.2 percent after both stocks go ex-dividend on
Monday.  
* The world's seventh biggest steel maker had declared a
dividend of 12 rupees a share, while the maker of denim, paper,
cement and yarn had announced a dividend of 6 rupees per share
for the fiscal year ended in March.
* Tata Steel said on Friday crude steel production rose 1.67
percent to 1.82 million tonnes from a year earlier, but sales
were flat at 1.59 million tonnes. 
     














 (manoj.dharra@thomsonreuters.com)

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