Jyothy Labs, TAKE Solutions, Tata Elxsi hit new high

Bajaj Finance, United Breweries, VIP Industries, Astec Lifesciences and MM Forgings were eight stocks from the S&P BSE 500 and Smallcap index hitting their respective new highs on the BSE

Shares of Jyothy Laboratories, TAKE Solutions, Tata Elxsi, Bajaj Finance, United Breweries, VIP Industries, Astec Lifesciences and MM Forgings were eight stocks from the S&P BSE 500 and Smallcap index that hit their respective new highs on the BSE in intra-day trade on Tuesday.

Jyothy Labs rallied 11% to Rs 487, surpassed its previous high of Rs 470 recorded on May 17, 2018 in intra-day trade.

In past one month the stock surged 34% after the board has recommended issue of bonus shares in the ratio of 1:1 i.e. one bonus share for every one share held on the record