Mumbai: Shares of city gas distributors Indraprastha Gas (IGL) and Mahanagar Gas (MGL) were among the top losers in Monday's trading after the government cut their gas allocations under the cheaper APM (administered price mechanism) over the weekend. The move triggered a spate of rating downgrades by analysts, who are mostly advising investors to sell the stocks for now.
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Easy Trip Planners Ltd has approved the issuance of 1 (one) bonus equity share for every 1 (one) fully paid-up equity share, as per the decision of the board meeting. The bonus shares will be issued from the company's available reserves as of March 31, 2024. The Board fixed the record date for bonus shares as Thursday, November 28, 2024.
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At the start of today's trading session, the shares of Indo Tech Transformers Ltd opened at Rs 2731.60 per share, compared to yesterday’s closing price of Rs 2731.60 per share on the BSE. Currently, the shares are trading at around Rs 2868.15 per share on the BSE. The current market capitalization stands at Rs 3,045.98 crore. The company’s shares have delivered an impressive multibagger returns.
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