Entries Tagged 'Stock Split' ↓

Gulf Oil Corparation Board has informed the stock exchanges that the board has decided to consider stock split and sub-divide each share of Rs 10 each into five equity share of Rs 2 each.Stock split is subject to the approval of the shareholders of Gulf Oil Corporation. Yesterday the stock closed up 2% after the annoucement was made.

Batliboi to consider stock split

An extra-ordinary general meeting of Batliboi will be held on Sep. 12, 2007 to consider the split of shares of the company from the present face value of Rs 10 a share to Rs 5 a share.

Recently, Batliboi announced a substantial jump in net profit for the quarter ended June 2007. During the quarter, the company reported a 39.95% rise in profit to Rs 27.71 million from Rs 19.80 million in the same quarter, last year.

Birla Kennametal board to consider stock split :A meeting of the board of directors of Birla Kennametal will be held on Aug. 22, 2007 to consider and approve the sub-division of each of 1 existing fully paid-up equity share of Rs 10 each into 5 fully paid-up equity shares of Rs 2 each, subject to approval of members in the general meeting.

Birla Kennametal registered a 23.25% growth in net profit to Rs 14.58 million for the quarter ended June 2007 as compared with Rs 11.83 million in the corresponding quarter last year.

Shares of the company closed up Rs 12.40, or 5%, at Rs 260.60. The total volume of shares traded at the BSE was 311.

A meeting of the board of directors of Temptation Foods will be held on Aug. 21, 2007 to consider stock split and preferential offer of equity shares and foreign currency convertible bonds (FCCBs) to persons other than promoters.

The company reported a phenomenal jump in net profit for the quarter ended June 2007.

During the quarter, the company rose 4.29 times to Rs 28.47 million from Rs 6.63 million in the corresponding quarter last year.

Net sales for the quarter ended June 2007 rose 2.36 times to Rs 171.32 million compared with the corresponding quarter, a year ago.

Shares of the company closed up Rs 3.60, or 2.85%, at Rs 130. The total volume of shares traded was 14,600 at the BSE. (Tuesday)

A meeting of the board of directors of Cinevistaas will be held on Aug. 20, 2007 to consider stock split from Rs 10 to Rs 2. Further the board also decided to increase the authorised share capital from Rs 120 million to Rs 200 million and to forfeit the partly paid shares.

Cinevistaas announced a phenomenal jump in net profit for the quarter ended June 2007. During the quarter, the company`s profit went up 4.87 times to Rs 2.73 million from Rs 0.56 million in the same quarter last year.

Sales for the quarter declined 26.80% to Rs 23.33 million compared with the corresponding quarter, a year ago.

Shares of the company were last trading up Rs 3.25, or 4.94%, at Rs 69.05. The total volume of shares traded was 65,999 at the BSE. (2.43 p.m, Tuesday)