Published on 7/03/2017 1:10:52 PM | Source: Dion Global Solutions Ltd.

V-Guard Ind jumps over 6% on bonus issue plans

Posted in Stock On The Move | #Power Sector #Stock On The Move #V-Guard Industries Ltd


Shares of V-Guard Industries rallied over 6 per cent on the Bombay Stock Exchange after the company fixed March 16, 2017 as record date for the purpose of issue of bonus shares. Buoyed by bonus issue plans, shares of company gained as much as 6.11 per cent to hit intra-day high of Rs 261.00 apiece on the Bombay Stock Exchange.

In a similar fashion, stocks of company rose 1.97 per cent to Rs 250.65 apiece on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 28,996.81, down 51.38 points, or 0.18 per cent, at 11:03 hours.