Hold Astral Poly Technik Limited For Target Rs. 1670 - ICICI Direct
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Turns ex-bonus today Astral Poly
Technik (ASTPOL) made an announcement on bonus shares on February 3, 2021. The ratio was one bonus share for every three equity shares, 1:3. The record date for the same is March 19, 2021 while the exdate for the same is today, March 18, 2021. Consequently, Astral Poly Technik’ share price, as per yesterday's closing price, has adjusted to | 1843/share from | 2457/share. Accordingly, our target price stands revised to | 1670/share. We maintain our HOLD recommendation on the stock.
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