Circuit-to-circuit stock SC Agrotech declares 4:5 bonus, 1:10 stock split, dividend update; record date, other details
New Delhi, Nov. 13 -- Shares of SC Agrotech Limited surged 5% during Friday's intraday trading session after the announcement of stock split and bonus issue corporate actions, alongside corporate earnings.
SC Agrotech Limited share price surged 5% during Friday's intraday trading session and hit upper circuit. The agricultural products stock has rallied nearly 62% over the last two weeks, and it hit the upper circuit in six of the last seven trading sessions.
The company has rewarded investors with bonus issue in the ratio of 4:5. Its board of directors recommended the issue of 4 fully paid-up bonus equity shares for every five fully paid up equity shares. Only those investors who will own the stock before the record date will be eligib...
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