 "Four stocks to turn ex-date for share split on Thursday")
Stocks of four companies – Natco Pharma, Avanti Feeds, Associated Stone Industries (Kotah) and Vitan Agro Industries – will turn ex-date for stock split, Rander Corporation will turn ex-consolidation of shares on Thursday, November 26, 2015.
Natco Pharma and Avanti Feeds boards had approved sub-division of equity shares in the ratio of 1:5 i.e. the sub-division of equity shares of their companies from the one share of Rs 10 each into five equity shares of Rs 2 each.
Associated Stone Industries (Kotah) approved the stock-split of equity shares from Rs 5 each to Re 1 each, and of Vitan Agro Industries from Rs 10 to Rs 1.
Thus far in 2015, Vitan Agro Industries has zoomed 384% from Rs 38.35 to Rs 184 on the BSE till yesterday.
Associated Stone Industries (up 75% from Rs 44.95 to Rs 78.45), Natco Pharma (up 70% from Rs 1,530 to Rs 2,596) and Avanti Feeds (67% from Rs 1,583 to Rs 2,643) have rallied more than 60% as compared to 6% decline in the S&P BSE Sensex during the period.
Meanwhile, Rander Corporation has tanked 90% from Rs 13.50 to Rs 1.38 so far in the current calendar year.
Stock markets will closed on November 25, 2015 on account of Gurunanak Jayanti.
Natco Pharma and Avanti Feeds boards had approved sub-division of equity shares in the ratio of 1:5 i.e. the sub-division of equity shares of their companies from the one share of Rs 10 each into five equity shares of Rs 2 each.
Associated Stone Industries (Kotah) approved the stock-split of equity shares from Rs 5 each to Re 1 each, and of Vitan Agro Industries from Rs 10 to Rs 1.
Thus far in 2015, Vitan Agro Industries has zoomed 384% from Rs 38.35 to Rs 184 on the BSE till yesterday.
Associated Stone Industries (up 75% from Rs 44.95 to Rs 78.45), Natco Pharma (up 70% from Rs 1,530 to Rs 2,596) and Avanti Feeds (67% from Rs 1,583 to Rs 2,643) have rallied more than 60% as compared to 6% decline in the S&P BSE Sensex during the period.
Meanwhile, Rander Corporation has tanked 90% from Rs 13.50 to Rs 1.38 so far in the current calendar year.
Stock markets will closed on November 25, 2015 on account of Gurunanak Jayanti.
