LT Foods hits new high on fixing record date for stock split

The stock hit a new high of Rs 334, up 5% on the BSE in intra-day trade.

LT Foods has moved higher to its new high of Rs 334, up 5% on the BSE in intra-day trade, after the company fixed February 08, 2017 as record date for the purpose of sub division of equity shares from Rs 10 to Re 1.

The board of LT Foods, the company engaged in the manufacture and sale of rice under the brand DAAWAT, on November 14, 2016, had approved sub division of equity shares of one equity share with face value of Rs 10 each to ten equity shares with face value of Re 1 each.

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