The announcement was made after market hours yesterday, 14 June 2017.
On the BSE, 1,138 shares were traded on the counter so far as against the average daily volumes of 1,365 shares in the past two weeks. The stock had hit a high of Rs 529 and a low of Rs 513 so far during the day. The stock had hit a record high of Rs 579 on 3 November 2016 and a 52-week low of Rs 399 on 27 March 2017.
The stock had underperformed the market over the past one month till 14 June 2017, declining 4% compared with the Sensex's 3.21% rise. The scrip had, however, outperformed the market over the past one quarter advancing 8.88% as against the Sensex's 5.82% rise. The scrip had also outperformed the market over the past one year advancing 18.96% as against the Sensex's 18.03% rise.
The small-cap company has equity capital of Rs 6.50 crore. Face value per share is Rs 5.
Plastiblends India announced that the company has fixed Tuesday, 4 July 2017 as the record date to eligible shareholders for issuance of bonus equity shares in the ratio 1:1 i.e. one bonus share for every one held.
Plastiblends India's net profit fell 4.2% to Rs 9.02 crore on 6.6% increase in net sales to Rs 155.43 crore in Q4 March 2017 over Q4 March 2016.
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