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Ducon Infratechnologies gains 250% in 1 year as board gears up to discuss bonus share on February 25

The share price surged 277 percent in the last one year.

February 22, 2022 / 01:03 PM IST
Ducon Infratechnologies

Ducon Infratechnologies

 
 
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Ducon Infratechnologies share price was locked at 5 percent upper circuit on Tuesday as the company's board meets on February 25 to consider a proposal for issuing bonus shares.

There were pending buy orders of 82,856 shares, with no sellers available.

The board meeting of Ducon Infratechnologies will be held through video conferencing/other audio-visual means. There's also a proposal to increase the authorised share capital of the company.

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The company has posted 174 percent jump in its third quarter net profit at Rs 2.15 crore as against Rs 0.78 crore a year ago. The company's net sales were down at Rs 98.02 crore against Rs 102.04 crore during the same period.

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The share price surged 277 percent in the last one year.

At 12:46am, Ducon Infratechnologies was quoting at Rs 21.15, up Rs 1.00, or 4.96 percent, on the BSE.

The share touched a 52-week high of Rs 31.80 and a 52-week low of Rs 5.42 on 12 January, 2022 and 16 March, 2021, respectively. It was trading 33.49 percent below its 52-week high and 290.22 percent above its 52-week low at the time of filing this story.
Moneycontrol News
first published: Feb 22, 2022 01:03 pm
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