Tide Water Oil Fixes record date for stock split & Bonus Issue

Tide Water Oil (India) Ltd has announced that the Company has fixed March 17, 2016 as the Record Date.

Tide Water Oil (India) Ltd has announced that the Company has fixed March 17, 2016 as the Record Date for the following purpose:

Sub-division of existing equity shares of Rs. 10/- each fully paid up to 2 (two) equity shares of Rs. 5/- each fully paid up 

Issue of bonus shares in the ratio 1:1.

Tide Water Oil Co (I) Ltd ended at Rs. 25099, up by Rs. 1414 or 5.97% from its previous closing of Rs. 23685 on the BSE.

The scrip opened at Rs. 23801 and touched a high and low of Rs. 25500 and Rs. 23540 respectively. A total of 8069(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2183.61 crore.

The BSE group 'B' stock of face value Rs. 10 touched a 52 week high of Rs. 33269 on 07-Jan-2016 and a 52 week low of Rs. 12251 on 23-Mar-2015. Last one week high and low of the scrip stood at Rs. 25500 and Rs. 21950 respectively.

The promoters holding in the company stood at 26.23 % while Institutions and Non-Institutions held 11.37 % and 59.94 % respectively.

The stock traded below its 50 DMA.