Business Standard

KPIT Cummins turns ex-bonus, stock dips 9%

Image

SI Reporter Mumbai

KPIT Cummins Infosystems has dipped 9% to Rs 85 after the stock turn ex-bonus today.

The company has fixed March 14, as the Record Date for the purpose of bonus issue in the ratio of one bonus share for one equity share of the company.

As many as a combined 388,330 shares have changed hands on the counter so far, against an average 306,000 shares that were traded daily in past two weeks on the NSE and BSE.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 13 2012 | 11:40 AM IST

Explore News