Shakti Pumps shares hit 5% upper circuit as stock trades ex-bonus today
Mon, Nov 25, 2024 10:59 AM

Shakti Pumps shares hit 5% upper circuit as stock trades ex-bonus today

A Flip by Avya Verma
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Shares of Shakti Pumps zoomed 5% to hit their upper circuit of Rs 828 on the BSE today as the stock started trading on an ex-bonus basis from today. The company had announced a 5:1 bonus share issue for its shareholders. The company had announced November 25 as the record date for the purpose. After the implementation of the T+1 framework, the record date and ex-date are the same in most cases.

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