SC Agrotech shares hit upper circuit after bonus and split proposal
In short
SC Agrotech shares hit the 5% upper circuit on Friday.
The stock had already hit six upper circuits in a week. The company has proposed a 4:5 bonus issue and a 1:10 stock split, subject to shareholder approval.
What the reporting says
SC Agrotech shares hit a 5% upper circuit on Friday, extending a rally that included six upper circuits in a week, according to a Mint Markets summary. The company proposed a 4:5 bonus issue and a 1:10 stock split, subject to shareholder approval.
Why it matters
SC Agrotech shares hit a 5% upper circuit on Friday, extending a rally that included six upper circuits in a week, according to a Mint Markets summary. The company proposed a 4:5 bonus issue and a 1:10 stock split, both subject to shareholder approval.