Last Updated :
04 March 2010 at 10:30 IST
Crompton Greaves to issue 3:4 bonus shares
MUMBAI (Commodity Online): Crompton Greaves Ltd (BOM:500093) has decided to issue a bonus of 3:4 to the company’s share holders. The company stocks gained on the Bombay Stock Exchange (BSE) by 3.09% to Rs.455.05 ahead of the record date of the bonus issue.
The key benchmark index, Sensex turned negative at the opening hour at 16,927 down by close to 0.5%. Crompton stocks hit a high of Rs.458.35 so far during the day, which is a record high for the counter. The stock hit a low of Rs.441.40 so far during the day.
Get trading tips on your mobileThis is the third bonus issue from Crompton Greaves. Earlier, the company had issued a liberal 1:1 bonus in January 1990 and 2:5 bonus in December 2006.
Crompton Greaves' net profit surged 59.8% to Rs.135.43 crore on 13.3% rise in net sales to Rs.1223.76 crore in Q3 December 2009 over Q3 December 2008. Crompton Greaves is engaged in providing power systems, consumer products and industrial systems.
MCX SUGARMKOL EX - KOLHAPUR 20 March 2012
contract was trading at
Rs 2943 , down Rs. -12 . What's your view on it?
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