Gloster zooms 9%; Board to consider Bonus Issue

A meeting of the Board of Directors of the Company will be held on March 29, 2016, inter alia, to consider Issue of Bonus Shares.

Mar 22, 2016 08:03 IST India Infoline News Service

News Newspaper Text
Gloster Ltd stock was higher by 9% at Rs. 570.A meeting of the Board of Directors of the Company will be held on March 29, 2016, inter alia, to consider Issue of Bonus Shares.

The scrip opened at Rs. 535.9 and has touched a high and low of Rs. 609 and Rs. 529 respectively. So far 5112(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 273.42 crore.
The BSE group 'XC' stock of face value Rs. 10 has touched a 52 week high of Rs. 768 on 29-Dec-2015 and a 52 week low of Rs. 166 on 22-Apr-2015. Last one week high and low of the scrip stood at Rs. 525 and Rs. 445.2 respectively.
The promoters holding in the company stood at 66.47 % while Institutions and Non-Institutions held 22.17 % and 11.36 % respectively.
The stock is currently trading below its 100 DMA.

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