Oil India stock rallies 5%, hits new high ahead of 1:2 bonus; ONGC up 2% | News on Markets

Oil India stock rallies 5%, hits new high ahead of 1:2 bonus; ONGC up 2% | News on Markets
Oil India stock rallies 5%, hits new high ahead of 1:2 bonus; ONGC up 2% | News on Markets

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,…
Read More…

Source: https://www.business-standard.com/amp/markets/news/oil-india-stock-rallies-5-hits-new-high-ahead-of-1-2-bonus-ongc-up-2-124062800248_1.html