AVT Natural Products zooms on 1:1 bonus issue
The stock has zoomed 19% to Rs 31, bouncing back 26% from day's low of Rs 24.55 on NSE.
AVT Natural Products has zoomed 19% to Rs 31, bouncing back over 26% from day’s low, after it board approved the issue of bonus shares in the ratio of 1:1.
The company will allot one equity share for every equity share held on the record date to be fixed later, AVT Natural Products said in a statement.
The stock opened at Rs 26.55 and hit a low of Rs 24.55 in morning deals on NSE. A combined 151,160 shares changed hands on the counter till 1333 hours against an average sub 50,000 shares that were traded daily in past two weeks.
The company will allot one equity share for every equity share held on the record date to be fixed later, AVT Natural Products said in a statement.
The stock opened at Rs 26.55 and hit a low of Rs 24.55 in morning deals on NSE. A combined 151,160 shares changed hands on the counter till 1333 hours against an average sub 50,000 shares that were traded daily in past two weeks.