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Madras Aluminium Fixed Stock Split record date



Madras Aluminium Company jumped 6.25% to Rs 707.20 today morning on BSE after the company fixed 24 July 2008 as record date for a 5-for-1 stock split.

The stock hit a high of Rs 742 and a low of Rs 689 so far during the day. The stock had a 52-week high of Rs 1029.70 on 14 December 2007 and the stock hit a 52-week low of Rs 427.35 on 25 March 2008. The company?s current equity is Rs 22.50 crore. Current face value per share is Rs 10.

Madras Aluminium Company reported a net loss of Rs 14.84 crore in Q4 March 2008 as compared to net profit of Rs 42.19 crore in Q4 March 2007. Net sales fell 7.4% to Rs 129.11 crore in Q4 March 2008 over Q4 March 2007.

Madras Aluminium Company is engaged in the business of primary aluminum production.

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