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Shares of Ratnamani Metals & Tubes surged 15 per cent to hit a record high of Rs 1,920 on the BSE in Thursday's intra-day trade as the stock traded ex-date for 1:2 bonus issue. The stock of the iron & steel products company surpassed its previous high of Rs 1,905.62 (adjusted to bonus issue) touched on June 3, 2022.
The board of Ratnamani Metals, on May 18, 2022, had recommended a bonus issue in the ratio of 1:2 i.e. one new bonus equity share for every two existing shares held in the company on the record date -- Friday,
The board of Ratnamani Metals, on May 18, 2022, had recommended a bonus issue in the ratio of 1:2 i.e. one new bonus equity share for every two existing shares held in the company on the record date -- Friday,
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