Wednesday, December 24, 2025 | 01:55 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Sagar Cements zooms 20% on stock split plan; stock nears record high

The board is scheduled to meet on July 01, 2021, to consider a proposal to sub-divide (split) the face value of the equity shares of the Company from Rs 10 each into an appropriate amount

cement
premium

A company plans to go for a stock split to make the shares more affordable for small retail investors

SI Reporter Mumbai
Shares of Sagar Cements zoomed 20 per cent to Rs 1,032.15, hitting a fresh 52-week high, on the BSE in intra-day trade on Tuesday after the company announced stock split plan. The stock of the cement and cement products company was trading close to its record high level of Rs 1,161 touched on January 4, 2018.

"The board of directors of the Company is scheduled to meet on July 01, 2021, inter-alia, to consider a proposal to sub-divide (split) the face value of the equity shares of the Company from Rs 10 each into an appropriate amount,” Sagar Cements