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This stock has zoomed 300,000% in 25 years

To commemorate its 25 years of listing, the company's board has recommended the issue of bonus shares in the ratio of 1:2.

WPI inflation soars to 14-mth high; rises to 4.43% in May from 3.18% in Apr

Leading auto component manufacturer, Motherson Sumi, completed 25 years of its listing on the BSE on September 09. The company manufactures automotive wiring harnesses, mirrors for passenger cars and supplies plastic components and modules to the automotive industry. To commemorate its 25 years of listing, the company's board has recommended the issue of bonus shares in the ratio of 1:2 – that is one share as bonus for two shares held by investors – subject to regulatory approvals.  The stock which listed at Rs 41 on the BSE 25 years ago, has zoomed a ...