Friday, 20 March 2015

Ajanta Pharma gains on turning ex-split

The stock has rallied over 2 per cent to a high of Rs. 1,251 in early trade.

Ajanta Pharma
Ajanta Pharma rallied over 2 per cent to touch a high of Rs. 1,256 in early morning deals after turning ex-split.

The company had fixed 23 March, 2015, as the record date for the proposed stock split. The company's each share with a face value of Rs. 5 will be sub-divided to a face value of Rs. 2 each.

The stock is now up 1.7 per cent at Rs. 1,251, and around 4,000-odd shares have changed hands at the counter so far on the BSE.

                                                                             Meanwhile, the Sensex is down 69 points at 28,401. 

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