![Oil India stock rallies 5%, hits new high ahead of 1:2 bonus; ONGC up 2% | News on Markets](https://bsmedia.business-standard.com/_media/bs/img/article/2024-06/13/thumb/featurecrop/400X400/1718218796-8007.jpg)
The board of Oil India has fixed Tuesday, July 2, 2024 as record date to determine the eligibility of shareholders to receive bonus shares in the ratio of 1:2.Representative PictureDeepak Korgaonkar Mumbai Shares of Oil India hit a new high of Rs 743.30, as they rallied 5 per cent on the BSE in Friday’s intra-day trade ahead of bonus shares in the ratio of 1:2 i.e. 1 (one) equity share for every 2 (two) existing equity shares held in the company. The board has fixed Tuesday, July 2,…
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