BS surged 3.82% to Rs 118.10 at 12:43 IST on BSE after the company said its board has fixed 22 January 2014 as the record date for 10-for-1 stock split.
The announcement was made during trading hours today, 13 January 2014.
Meanwhile, the S&P BSE Sensex was up 252.36 points or 1.22% at 21,010.85.
On BSE, so far 34,000 shares were traded in the counter as against average daily volume of 73,387 shares in the past one quarter.
The stock was volatile. The stock surged as much as 13.31% at the day's high of Rs 128.90 so far during the day. The stock rose 0.79% at the day's low of Rs 114.65 so far during the day. The stock had hit a 52-week high of Rs 178.45 on 25 February 2013. The stock had hit a 52-week low of Rs 101 on 18 January 2013.
The stock had underperformed the market over the past one month till 10 January 2014, sliding 4.57% compared with the Sensex's 2.34% fall. The scrip had also underperformed the market in past one quarter, declining 11.31% as against Sensex's 2.4% rise.
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The small-cap company has equity capital of Rs 43.90 crore. Face value per share is Rs 10.
BS' consolidated net profit declined 5.4% to Rs 15.49 crore on 6.2% growth in net sales to Rs 619.50 crore in Q2 September 2013 over Q2 September 2012.
BS is engaged in the power transmission & distribution and telecom passive infrastructure businesses.
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