Shares of APL Apollo Tubes and Apollo Tricoat Tubes rallied up to 7 per cent on the BSE to hit their respective new highs in intra-day trade on Wednesday after the companies announced bonus issue plans.
“The board of directors of the company is scheduled to meet on August 6, 2021, to consider and approve the proposal for issue of bonus shares on the equity shares of the company,” the firms announced in separate regulatory filings on Tuesday. Their boards will also consider un-audited financial results for the first quarter ended June 30, 2021 (Q1FY22).
Among individual stocks,
“The board of directors of the company is scheduled to meet on August 6, 2021, to consider and approve the proposal for issue of bonus shares on the equity shares of the company,” the firms announced in separate regulatory filings on Tuesday. Their boards will also consider un-audited financial results for the first quarter ended June 30, 2021 (Q1FY22).
Among individual stocks,