Thursday 10 August 2017

Moil to issue 1:1 bonus share

The shares of Moil soared by way of over 4% intraday on Friday trading session after the corporate introduced the issuance of the bonus share.

The board of director of the company licensed the notion for the difficulty of the bonus shares to the existing shareholders of the company within the ratio of 1:1 on Thursday. The thought is topic to the approval of the shareholders.
The stock was once buying and selling better through three.85% at Rs 341 per share on BSE at 0922 hours towards its earlier close of Rs 328 per share. It attracted total traded extent of 1,67,665 shares and traded value of Rs 572.69 lakh.
The stock’s 52 week excessive and low stood at Rs 428.90 ( Jan 12, 2017) and Rs 240 (Aug 16, 2016), respectively.

Stock View of Today:

MOIL Ltd is at the moment trading at Rs 342, up via Rs 13.15 or 4% from its previous closing of Rs 328.85 on the BSE.

The scrip opened at Rs 339.7 and has touched a excessive and low of Rs 345.ninety five and Rs 335.45 respectively. to this point 394405(NSE+BSE) shares have been traded on the counter. the current market cap of the corporate is Rs 4379.88 crore.

The BSE workforce 'B' stock of face worth Rs 10 has touched a fifty two week excessive of Rs 429 on 12-Jan-2017 and a 52 week low of Rs 239.25 on 29-Sep-2016. final one week high and low of the scrip stood at Rs 349 and Rs 324.05 respectively.

The promoters maintaining within the firm stood at sixty five.fifty eight % whereas institutions and Non-institutions held 19.15 % and 15.27 % respectively.

The inventory is presently trading above its 200 DMA.

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