 "Tata Coffee gains on fixing record date for stock split")
Shares of Tata Coffee were trading higher by 3.5% to Rs 982 on NSE in otherwise weak market after the company announced it has fixed January 27, 2015 as the record date for the purpose of sub-division of equity shares from the face value of Rs 10 per share to Re 1 per share.
The stock opened at Rs 957 and hit a high of Rs 998 on NSE. The trading volumes on the counter surged an over five-fold with a combined 254,809 shares changed hands till 1322 hours on NSE and BSE. The benchmark CNX Nifty was down 0.48% at 8,259 points at 1321 hours.
The stock opened at Rs 957 and hit a high of Rs 998 on NSE. The trading volumes on the counter surged an over five-fold with a combined 254,809 shares changed hands till 1322 hours on NSE and BSE. The benchmark CNX Nifty was down 0.48% at 8,259 points at 1321 hours.