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Cosmo Films soars 10% on bonus issue plan

The company's board will meet on Monday, May 9, 2022 to consider the issuance of bonus shares.

Between December 2020 and February 2021, traders were supposed to maintain at least 25 per cent of the peak margin
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Between December 2020 and February 2021, traders were supposed to maintain at least 25 per cent of the peak margin

SI Reporter Mumbai
Shares of Cosmo Films soared 10 per cent to Rs 2,044.75 on the BSE on Wednesday’s intra-day trade after the company announced board meet on Monday, May 9, 2022 to mull issuance of bonus shares. The board will also consider the audited financial results for the quarter and year ended March 31, 2022.

In the past one year, the stock of packaging company has zoomed 190 per cent, as compared to 18 per cent rise in the S&P BSE Sensex. Earlier, it had hit a record high of Rs 2,140 on April 11, 2022.  At 10:29 AM; it was