Anuh Pharma surges as board plans to consider bonus issue on 12 June

Anuh Pharma surged 16.4% to Rs 754 at 11:00 IST on BSE after the company said that its board of directors will meet on 12 June 2015, to consider issue of bonus shares.

The announcement was made after market hours yesterday, 4 June 2015.

Meanwhile, the BSE Sensex was down 42.92 points, or 0.16%, to 26,770.50.

On BSE, so far 49,107 shares were traded in the counter, compared with an average volume of 17,924 shares in the past one quarter.

The stock hit a high of Rs 770, also a record high for the stock. The stock hit a low of Rs 700 so far during the day. The stock hit a 52-week low of Rs 200 on 9 June 2014.

The stock had outperformed the market over the past one month till 4 June 2015, rising 11.59% compared with 2.46% decline in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 33.83% as against Sensex's 8.74% fall.

The small-cap pharma firm has an equity capital of Rs 4.17 crore. Face value per share is Rs 5.

Anuh Pharma's net profit fell 12.5% to Rs 4.98 crore on 7.6% decline in total income to Rs 72.39 crore in Q4 March 2015 over Q4 March 2014.

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