The Board also recommended issue of Bonus Shares in the ratio of One Bonus share for every one share held subject to approval of shareholders at the Extra-Ordinary General Meeting. The Bonus Shares will not be eligible for dividend for the F.Y. 2009-10.
The stock was trading at Rs.252.30, up by Rs.3.65 or 1.47%. The stock hit an intraday high of Rs.256 and low of Rs.250.
The total traded quantity was 26551 compared to 2 week average of 17768.
Source: Equity Bulls