“The company has fixed November 28, 2014 as the record date for the purpose of sub-division/stock split of Rs 10 per share of the company into the five shares of Rs 2 each,” Roto Pumps said in a statement.
The company was also in focus after the inauguration of its new plant in Noidai by Shri Ravi Shankar Prasad, Union Minister for Communications & IT.
The stock opened at Rs 118 and has hit a 52-week high of Rs 126.50 on BSE. Around 20,000 shares changed hands till 1450 hours as compared to an average sub 5,000 shares that were traded daily pre stock-split.
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