Equity Alert: GAIL shrs up 3%; co to mull bonus share issue Jun 23
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K.Karthik Raja
Jun 16, 2008, 1:31:09 AM6/16/08
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Equity Alert: GAIL shrs up 3%; co to mull bonus share issue Jun 23
Monday, Jun 16
..............................................................................
Equity Alert: GAIL shrs up 3%; co to mull bonus share issue Jun 23
MUMBAI--10:55AM--GAIL India shares were up 3% at 394 rupees on
news the
company will consider a bonus share issue on Jun 23, dealers said.
"The news is a positive trigger for the shares. Some buying can be
seen
in the counter today,"
He pegged intraday resistance for the stock at 420 rupees.
So far today, 884,851 shares of GAIL have been traded on NSE.
June futures of the company were trading at 1-point discount to
the spot price.
Monday, Jun 16
..............................................................................
Equity Alert: GAIL shrs up 3%; co to mull bonus share issue Jun 23
MUMBAI--10:55AM--GAIL India shares were up 3% at 394 rupees on
news the
company will consider a bonus share issue on Jun 23, dealers said.
"The news is a positive trigger for the shares. Some buying can be
seen
in the counter today,"
He pegged intraday resistance for the stock at 420 rupees.
So far today, 884,851 shares of GAIL have been traded on NSE.
June futures of the company were trading at 1-point discount to
the spot price.
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