Rollatainers surged 9.7% to Rs 450 at 9:59 IST on BSE after the company said that its board of directors at a meeting held yesterday, 16 April 2015, approved 5-for-1 stock split.
The announcement was made after market hours yesterday, 16 April 2015.
Meanwhile, the S&P BSE Sensex was down 95.85 points or 0.33% at 28,570.19.
On BSE, so far 4,569 shares were traded in the counter as against average daily volume of 8,619 shares in the past one quarter.
The stock hit a high of Rs 450.10 and a low of Rs 435 so far during the day. The stock had hit a record high of Rs 549.90 on 12 December 2014. The stock had hit a 52-week low of Rs 121.05 on 14 May 2014.
The stock had underperformed the market over the past one month till 16 April 2015, sliding 2.24% compared with Sensex's 0.8% rise. The scrip had also underperformed the market in past one quarter, declining 16.32% as against Sensex's 1.93% rise.
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The small-cap company has equity capital of Rs 25.01 crore. Face value per share is Rs 10.
Rollatainers' net profit fell 97.5% to Rs 0.06 crore on 27.4% decline in net sales to Rs 69.18 crore in Q2 December 2014 over Q2 December 2013.
Rollatainers is one of the largest integrated packaging company in the country.
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