Pashupati Cotspin shares hit 10% lower circuit ahead of Q2 results after a stunning 70% monthly rally | What lies ahead?
New Delhi, Nov. 4 -- Pashupati Cotspin shares hit the 10% lower circuit at Rs.133.90 on Wednesday, 4 November, after touching a fresh 52-week high of Rs.155.40 during the session. The stock also witnessed a sharp jump in trading volume, more than 1.89 times higher.
The sharp volatility comes ahead of the company's Q2 FY27 results. Pashupati Cotspin's board of directors is scheduled to meet on Friday, 6 November, to consider and approve the unaudited financial results for the quarter and half year ended 30 September 2026.
The board will also consider declaring an interim dividend, if any, on the company's equity shares for FY27.
Pashupati Cotspin's board has recommended a 3:2 bonus issue, under which shareholders will receive three bonu...
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