Anand Rathi shares witnessed a 4% uptick after the company announced its plan to consider issuing bonus shares for the first time. The Board of Directors will meet on Monday, January 13, 2025, to discuss this proposal, as per a filing to the stock exchanges.
The company stated, “In furtherance to our intimation dated 1st January, 2025… the Board of Directors, in its meeting, inter-alia, would also consider a proposal for issuance of Bonus Shares to the shareholders of the Company.”
The company added, the trading window, currently closed, will remain shut for bonus share-related deliberations. Investors are closely monitoring the outcome of this significant meeting, which could impact the stock’s performance further.
Anand Rathi shares witnessed a volatile trading session today, opening at ₹3,989.90. The stock hit an intraday low of ₹3,957.50 and a high of ₹4,139.30. Over the past year, it has ranged from ₹2,572.65 to ₹4,646.00.
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