Ruby Mills gains 9.3% in two days after fixing record date for bonus issue

Ruby Mills gained 6.72% to Rs 468.50 at 15:16 IST on BSE, with the stock extending yesterday's gain triggered by the company fixing record date for bonus issue.

Meanwhile, the BSE Sensex was up 189.07 points, or 0.7%, to 27,199.21

On BSE, so far 42,212 shares were traded in the counter as against an average daily volume of 7,582 shares in the past one quarter.

The stock hit a high of Rs 482.90 and a low of Rs 442.30 so far during the day. The stock had hit a 52-week high of Rs 492 on 4 August 2015. The stock hit a 52-week low of Rs 245.20 on 27 March 2015.

The stock had outperformed the market over the past one month till 15 October 2015, rising 17.98% compared with 5.07% rise in the Sensex. The scrip had also outperformed the market in past one quarter, surging 57.07% as against Sensex's 4.21% decline.

The small-cap company has an equity capital of Rs 4.18 crore. Face value per share is Rs 5.

Shares of Ruby Mills have gained 9.3% in two trading days from a recent low of Rs 428.60 on 14 October 2015 after the company after market hours on 14 October 2015 announced setting 24 October 2015 as the record date for 1:1 bonus issue.

Ruby Mills' net profit dropped 78.6% to Rs 5.64 crore on 2% growth in net sales to Rs 52.18 crore in Q1 June 2015 over Q1 June 2014.

Ruby Mills is engaged in textiles business.

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