Action Construction to consider stock split

In an annoucement made to the exchanges on Wednesday,Action Construction Equipment Ltd said its board would consider stock split on October 25.

A meeting of the board of directors will be held of 25th october to consider the Stock Split of the equity shares of the company.

Action Construction Equipment Limited (ACE) is a Delhi-based construction equipment manufacturing company. The company is engaged in the designing, manufacturing and marketing of hydraulic mobile cranes, forklift trucks, loaders, tower cranes and other kind of construction equipments.

Based on the Stock Split news of Action Construction Limited, the Shares of the company gained 2.99%, to trade at Rs 374.05 at BSE on Wednesday.