Kabra Extrusion Technik Bonus Issue
Kabra Extrusion technik jumped 9.36% to Rs 196.85 at 14:1 IST on BSE, after the company’s board recommended a liberal 1:1 bonus issue at the time of announcing its Q1 results today, 26 July 2010.
The company has an equity capital of Rs 7.98 crore. Face value per share is Rs 5. This is the second bonus issue from Kabra Extrusion Technik. Earlier, the company had issued a liberal 1:1 bonus on January 2004.
Kabra Extrusion Technik’s net profit rose 12.76% to Rs 4.42 crore on 22.86% increase in net sales to Rs 43.86 crore in Q1 June 2010 over Q1 June 2009. The company declared its results during trading hours today, 26 July 2010.
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