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    HomeNewsBusinessStocksDiamond Power locked at 20% upper circuit on ex-bonus day

    Diamond Power locked at 20% upper circuit on ex-bonus day

    Diamond Power Infrastructure fixed August 27, 2013 as the record date for the purpose of issue of bonus shares in the proportion of one equity share for every three existing shares.

    August 26, 2013 / 18:38 IST

    Moneycontrol Bureau

    Diamond Power Infrastructure was locked at 20 percent upper circuit at Rs 42.10 on ex-bonus day Monday.

    The company fixed August 27, 2013 as the record date for the purpose of issue of bonus shares in the proportion of one equity share for every three existing shares.

    The decision to allot bonus shares was taken by the board of directors of the company on July 24.
     
    There were pending buy orders of 9,500 shares, with no sellers available on the BSE today.

    Even trading volumes increased 53 percent to 45,450 shares as compared to its five-day average of 29,656 shares.

    The stock surged 34 percent in last 15 sessions.

    first published: Aug 26, 2013 06:38 pm

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