Rudra Investment Stock Tips Expert, Shares of Glass Products maker company Borosil Glass Works Ltd have a 20% upper circuit. Actually, the company's board has allowed bonus shares on Monday. On Tuesday after the news, Borosil Glass Works got a boost in the stock. On the NSE, a 52-week high of Rs 1,064.15 with a 20-percent jump on the NSE.
3: 1 Bonus Issue Approval
According to the information given to the exchange, Borosil Glass Works Limited has announced the issue of bonus shares to shareholders in the ratio of 3: 1. Under this, the company will give three bonus shares to shareholders in exchange for one share. By 10th August 2018, shareholders of the company will get bonus shares. After the bonus issue, the share capital of the company will be 9.24 crore equity shares of 2.31 crore equity shares.
Share at a new height of 52 weeks
On the announcement of bonus share, Borosil Glass Works shares rose to a new 52-week high on Tuesday. On the NSE, a 52-week high of Rs 1064.15 with a 20 per cent jump. On the BSE, the stock rose 20% to Rs 1058.60, which is high on intra-day.
Move on such a stock
On Tuesday, the stock on NSE was up 20% to Rs 1,064.15. The stock was closed at 886.80 on Monday. Due to the declaration of the bonus share, the stock got bullish.
For More Info Visit Here: Stock Tips Expert
3: 1 Bonus Issue Approval
According to the information given to the exchange, Borosil Glass Works Limited has announced the issue of bonus shares to shareholders in the ratio of 3: 1. Under this, the company will give three bonus shares to shareholders in exchange for one share. By 10th August 2018, shareholders of the company will get bonus shares. After the bonus issue, the share capital of the company will be 9.24 crore equity shares of 2.31 crore equity shares.
Share at a new height of 52 weeks
On the announcement of bonus share, Borosil Glass Works shares rose to a new 52-week high on Tuesday. On the NSE, a 52-week high of Rs 1064.15 with a 20 per cent jump. On the BSE, the stock rose 20% to Rs 1058.60, which is high on intra-day.
Move on such a stock
On Tuesday, the stock on NSE was up 20% to Rs 1,064.15. The stock was closed at 886.80 on Monday. Due to the declaration of the bonus share, the stock got bullish.
For More Info Visit Here: Stock Tips Expert
Magnificent post! One of the best stock advisory company in Indore Trade Nivesh provides intraday stock future tips with HIgh accuracy. Thanks for sharing.
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