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Indian Oil Corporation trades ex-bonus

The stock was down 1% at Rs 318 on BSE in intra-day trade after turning ex-bonus in the ratio of 1:1.

SI Reporter  |  Mumbai 

IOCL

(IOC) was trading 1% lower at Rs 318 on BSE after the stock was traded ex-on Tuesday in the ratio of 1:1.

The stock opened 1% higher at Rs 324, hit an intra-day high of Rs 325 so far. A combined 1.13 million shares changed hands on the counter on the BSE and NSE till 10:08 am.

The state-owned oil marketing company has fixed October 19, 2016 as the for the purpose of ascertaining the eligibility of shareholders for issuance of shares in the ratio of 1:1 i.e. one new equity share of Rs 10 each for every one existing equity share of Rs 10 each held.

Since August 23, the stock had outperformed the market by gaining 18% after the announced a issue plan. The S&P BSE Sensex was 1.6% during the same period, till Monday, October 17.

The board of will meet on October 27, to consider and approve the unaudited financial results of the company for the second quarter ended September 30, 2016 (Q2).
 

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Indian Oil Corporation trades ex-bonus

The stock was down 1% at Rs 318 on BSE in intra-day trade after turning ex-bonus in the ratio of 1:1.

The stock was down 1% at Rs 318 on BSE in intra-day trade after turning ex-bonus in the ratio of 1:1.
(IOC) was trading 1% lower at Rs 318 on BSE after the stock was traded ex-on Tuesday in the ratio of 1:1.

The stock opened 1% higher at Rs 324, hit an intra-day high of Rs 325 so far. A combined 1.13 million shares changed hands on the counter on the BSE and NSE till 10:08 am.

The state-owned oil marketing company has fixed October 19, 2016 as the for the purpose of ascertaining the eligibility of shareholders for issuance of shares in the ratio of 1:1 i.e. one new equity share of Rs 10 each for every one existing equity share of Rs 10 each held.

Since August 23, the stock had outperformed the market by gaining 18% after the announced a issue plan. The S&P BSE Sensex was 1.6% during the same period, till Monday, October 17.

The board of will meet on October 27, to consider and approve the unaudited financial results of the company for the second quarter ended September 30, 2016 (Q2).
 
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Business Standard
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Indian Oil Corporation trades ex-bonus

The stock was down 1% at Rs 318 on BSE in intra-day trade after turning ex-bonus in the ratio of 1:1.

(IOC) was trading 1% lower at Rs 318 on BSE after the stock was traded ex-on Tuesday in the ratio of 1:1.

The stock opened 1% higher at Rs 324, hit an intra-day high of Rs 325 so far. A combined 1.13 million shares changed hands on the counter on the BSE and NSE till 10:08 am.

The state-owned oil marketing company has fixed October 19, 2016 as the for the purpose of ascertaining the eligibility of shareholders for issuance of shares in the ratio of 1:1 i.e. one new equity share of Rs 10 each for every one existing equity share of Rs 10 each held.

Since August 23, the stock had outperformed the market by gaining 18% after the announced a issue plan. The S&P BSE Sensex was 1.6% during the same period, till Monday, October 17.

The board of will meet on October 27, to consider and approve the unaudited financial results of the company for the second quarter ended September 30, 2016 (Q2).
 

image
Business Standard
177 22