Gujarat Ambuja Exports turns ex-split, zooms 20%; up 87% in three months

From a six-month perspective, it has rallied 140 per cent as against 37 per cent gain in the benchmark index, data show

Shares of Gujarat Ambuja Exports zoomed 20 per cent to Rs 129.90, also its 52-week high on the BSE in intra-day trade on Thursday, as the stock split and was trading at a face value of Re 1.

The company has fixed Monday, October 5, 2020, as the record date for the purpose of sub-division of equity shares of the company having face value of Rs 2 each to Re 1 each. The board of directors of the company at its meeting held on July 25, 2020 had approved the sub-division of equity shares of the company.

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