 "M&M and two others down 3%; Vakrangee hit new high as stocks turn ex-bonus")
Shares of Mahindra & Mahindra (M&M), Balkrishna Industries and Castrol India were down 3% in early morning trade after these stocks turn ex-bonus on Thursday. While Vakrangee hit a new high of Rs 405, adjusted to bonus issue, was up 7% on the BSE in intra-day trade.
The board of directors of the respective companies had announced bonus shares in the ratio of 1:1 i.e. one bonus share for every share held as on record date.
These companies have fixed December 23, 2017 as the record date for the purpose of determining members who would be entitled to
The board of directors of the respective companies had announced bonus shares in the ratio of 1:1 i.e. one bonus share for every share held as on record date.
These companies have fixed December 23, 2017 as the record date for the purpose of determining members who would be entitled to
