Textile Stock Hits 20% Upper Circuit as Board Set to Consider 1:1 Bonus Issue and 100% Dividend
Bengaluru, July 21 -- engaged in manufacturing premium cotton yarns, cotton bales, and value-added textile products, serving textile manufacturers, exporters, and fabric processors across various end-use industries, hit a 20 percent upper circuit after the company considered a bonus issue and a 100 percent dividend.
With a market capitalization of Rs. 569.88 crores, the shares of Aastha Spintex Limited hit a 20 percent upper circuit of Rs. 129.80 per share on Tuesday, up from its previous closing price of Rs. 108.20 per share. Since then, the stock has retreated and is currently trading at Rs. 129.05 per equity share.
Reason Behind the Surge
Aastha Spintex Limited has informed that its Board of Directors will meet on July 23, 2026, to ...
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