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Shares of Kirloskar Brothers Investments may come under pressure from Wednesday as it goes ex-dividend. The company has recommended an interim dividend of ₹50 a share of face value ₹10 each for financial year 2014-15. Those buying the shares from Wednesday will not receive the dividends. The shares on Tuesday rallied to a life-time high of ₹3,881, before settling at ₹3,757. This is the highest ever dividend payout announced by the company in a financial year.
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