Tide Water Oil trades higher for 7th straight day; zooms 255% in 2 months

The company has fixed July 27, 2021 as the record date for ascertaining shareholders for bonus issue and stock split

Shares of Tide Water Oil (India) were trading higher for the seventh straight day and were locked in 5 per cent upper circuit at Rs 15,954 on the BSE on Thursday in an otherwise weak market. Till 02:33 pm, a combined around 4,400 shares had changed hands and there were pending buy orders for 7,600 shares on the BSE and NSE.

The stock continued its northward movement after the company announced stock split and bonus issue plan on May 26. On June 10, the company announced 1:1 bonus issue i.e. one bonus share for every share held in the