1:2 Bonus Share: Stock hits 5% upper circuit after it sets record date for bonus issue

During Tuesday’s trading session, the shares of the world’s second-largest manufacturer of infant garments hit a 5 percent upper circuit at Rs. 691.7 on BSE, after the company announced fixing a Record Date for bonus issue in a 1:2 ratio.  With a market cap of Rs. 4,599.8 crores, the shares of Kitex Garments Limited opened … Continue reading 1:2 Bonus Share: Stock hits 5% upper circuit after it sets record date for bonus issue