Vama Industries to consider stock split from Rs.10 to Rs.2

India Infoline News Service | Mumbai | August 19, 2016 11:35 IST

The board of directors of the company will be held on August 23, inter alia, to consider and approve the sub-division of the nominal value of the equity share of Rs 10/- per share to Rs 2/- per share.

Sensex, BSE, Mumbai
Vama Industries Ltd is currently trading at Rs. 32, up by Rs. 4 or 14.29% from its previous closing of Rs. 28 on the BSE.

The board of directors of the company will be held on August 23, inter alia, to consider and approve the sub-division of the nominal value of the equity share of Rs 10/- per share to Rs 2/- per share. Also, the company to consider and approve the revised notice of the ensuing AGM to be held on September 26, 2016. 

The scrip opened at Rs. 28.25 and has touched a high and low of Rs. 32 and Rs. 28 respectively. So far 2653(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 29.42 crore.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 36.75 on 16-Sep-2015 and a 52 week low of Rs. 16 on 16-Mar-2016. Last one week high and low of the scrip stood at Rs. 31.2 and Rs. 24.5 respectively.

The promoters holding in the company stood at 42.94 % while Institutions and Non-Institutions held 0 % and 57.06 % respectively.

The stock is currently trading above its 50 DMA.


***Note: This is a BSE Chart

 

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