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BSE   14 Jun 19 | 12:00 AM

118.75 -1.7 (-1.41%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 500120
Face Value: N.A.

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Performance
1 Week : Rs 117.05 (1.45%)
1 Month : Rs 117.30 (1.24%)
1 Year : Rs 90.15 (31.72%)
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Diamines & Chemicals soars on 1:2 bonus issue

SI Reporter / Mumbai 25 May 11 | 09:30 AM

Diamines and Chemicals has soared 11% to Rs 101.90 after the board of directors recommended bonus issue in the ratio of 1:2.
 
“The board of directors of the company has recommended for issuance of bonus shares in the proportion of one new equity bonus share of Rs 10 each for every two existing equity share of Rs 10 each fully paid up by capitalization of reserves," the company said in a filing to the stock exchanges.
 
The board has also recommended final dividend of 45% or Rs 4.50 per equity share of Rs 10 each to the equity shareholders of the company.
 
The stock opened at Rs 91.95 and touched high of Rs 102.40 on the BSE. Around 13,000 shares have changed hands on the counter in opening deals, against an average 14,000 shares traded daily in past two weeks.

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