Balmer Lawrie & Co. gains as board to mull bonus issue

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Capital Market
Last Updated : Sep 09 2019 | 11:50 AM IST

Balmer Lawrie & Co. rose 1.18% to Rs 167.20 after the company said that its board will meet on 17 September 2019 to consider bonus issue of shares.

The announcement was made after market hours on Friday, 6 September 2019.

On BSE, 17,000 shares were traded in Balmer Lawrie & Co. counter, compared to a 2-week average of 13,000 shares. The stock hit an intraday high of Rs 169.50 and an intraday low of Rs 165.40.

It hit a 52-week high of Rs 213 on 17 December 2018 and a 52-week low of Rs 160 on 15 February 2019.

Balmer Lawrie & Co. is engaged in providing greases and lubricating oils, industrial packaging (steel drums), logistics infrastructure and services, tours and travel. The firm operates through segments including industrial packaging, logistics, travel and vacations, greases, lubricants and others.

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First Published: Sep 09 2019 | 11:26 AM IST

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