India, Oct. 27 -- This company is engaged in manufacturing Technical Grade Pesticides and Intermediates used in the agro-chemical industry is now in focus after its board approved stock split and recommended bonus issue.

With market capitalization of Rs. 4,579 cr, the shares of Bharat Rasayan Limited are currently trading at Rs. 11,009 per share, dropping 9% in today's market session making a low of Rs. 10,722, from its previous close of Rs. 11,768 per share.

Stock split and Bonus issue The Board approved a stock split of 1:2 of its existing 41,55,268 equity shares with a face value of Rs. 10 each into 83,10,536 equity shares of Rs. 5 each, effectively doubling the number of outstanding shares while keeping the paid-up capital unchanged...