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Crompton Greaves bonus issue



Crompton Greaves hit 52 week high today after the company said its board will meet on 28 January 2010 to consider issuing bonus shares. The company’s equity capital is Rs 73.31 crore. Face value per share is Rs 2. Crompton Greaves is engaged in providing power systems, consumer products and industrial systems.

Crompton Greaves’ net profit surged 47.1% to Rs 136.10 crore on 16.8% rise in net sales to Rs 1268.56 crore in Q2 September 2009 over Q2 September 2008. The company will declare its Q3 December 2009 results on 28 January 2010.

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[...] Crompton Greaves bonus issue – Crompton Greaves has fixed 09 March 2010 as the record date for the purpose of issue of bonus shares in the proportion of 3 new equity shares for every 4 equity shares of Rs. 2 each. *To get the password for buy calls, please subscribe to this blog. You will receive the password in next email to you* Find investments that fit your goals with Morningstar’s Premium Screeners. Bonus Issue, Record Date         [...]

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