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Astral Poly Technik gains 5% in weak market as firm to consider bonus issue

The company's board of directors is scheduled to meet on February 3, 2021, to consider proposal for issue of bonus equity shares

Astral ties up with Japan's Sekisui Chemical for CPVC resin
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In the past three months, the stock has risen 46 per cent

SI Reporter Mumbai
Shares of Astral Poly Technik climbed 5 per cent to Rs 1,731 on the BSE in Thursday's intra-day trade, in an otherwise weak market, after the company said it would consider a bonus issue plan next month.

At 09:19 am, the stock of the plastic products company was trading 3.5 per cent higher at Rs 1,708 as against a per cent decline in the S&P BSE Sensex. The stock had hit a record high of Rs 1,841, on December 31, 2020.

The company's board of directors is scheduled to meet on February 3, 2021, to consider a proposal for the