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Alkyl Amines rallies 11% in two days on fixing record date for stock split

The company fixed May 12 as the record date for the subdivision of face value of equity shares from Rs 5 to Rs 2

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SI Reporter Mumbai
Shares of Alkyl Amines Chemicals jumped 8 per cent to Rs 6,386 on the BSE in intra-day trade on Friday, up 11 per cent in the two trading days, after the company fixed May 12 as the record date for the subdivision of face value of equity shares from Rs 5 to Rs 2. The stock will turn ex-date for the stock split on May 11.

The stock of the specialty chemicals maker surpassed its previous high of Rs 6,299 touched on April 8. At 10:08 am, it was trading 6 per cent higher at Rs 6,314 as compared to a