Stock of this specialty chemicals company zoomed over 100% in five weeks

Shares of Jyoti Resins & Adhesives locked in 5 per cent upper circuit for the fifth straight day as they hit a new high of Rs 1,769.70 on the BSE.

Shares of Jyoti Resins & Adhesives locked at 5 per cent upper circuit as they hit new high of Rs 1,769.70 in Wednesday’s intra-day trade, in an otherwise weak market. The stock of this specialty chemicals company locked upper circuit for the fifth straight day as it surged 27 per cent, during the period. In comparison, the S&P BSE Sensex was down 0.18 per cent at 60,463 levels at 12:43 pm.

On September 8, 2022, the stock of Jyoti Resins & Adhesives turned ex-date for bonus shares in the ratio of 2:1 i.e. 2 bonus shares for every 1