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AVT Natural Products zooms on 1:1 bonus issue

The stock has zoomed 19% to Rs 31, bouncing back 26% from day's low of Rs 24.55 on NSE.

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SI Reporter Mumbai
Last Updated : Jul 31 2013 | 1:34 PM IST
AVT Natural Products has zoomed 19% to Rs 31, bouncing back over 26% from day’s low, after it board approved the issue of bonus shares in the ratio of 1:1.

The company will allot one equity share for every equity share held on the record date to be fixed later, AVT Natural Products said in a statement.

The stock opened at Rs 26.55 and hit a low of Rs 24.55 in morning deals on NSE. A combined 151,160 shares changed hands on the counter till 1333 hours against an average sub 50,000 shares that were traded daily in past two weeks.
 

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First Published: Jul 31 2013 | 1:32 PM IST

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