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Diamant Investment jumps 41% in seven days on bonus news



This is the reason we try to keep you most updated on bonus issue news, stock split or right issue news. So you could take benefit of these news and make profits and that’s without any cost for these news on this website. At this point, Diamant Investment jumps 41% in seven days on bonus bounty.

Diamant Investment & Finance was locked at 5% upper limit at Rs 136.50 at 11:21 IST on BSE, extending gains for the seventh consecutive day, after the company’s board approved a liberal 3:1 bonus issue.

The company announced the bonus ratio during trading hours on Tuesday, 29 December 2009, when the stock had surged 5% to Rs 130.25. This is a maiden bonus from Diamant Investment & Finance.

The stock opened with an upward gap, surging by the maximum 5% daily circuit and remained locked at the 5% level so far in the day. The stock had hit a 52-week high of Rs 140 on 26 August 2009 and a 52-week low of Rs 37.65 on 29 January 2009.

The stock has risen 40.62% in seven trading sessions from a recent low of Rs 97.25 on 16 December 2009.

The company’s equity capital is Rs 1.20 crore. Face value per share is Rs 10.

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