Poly Medicure jumps 32% in two days on bonus issue plan
Poly Medicure soared to Rs 234.50 on BSE, by 32% in two days, ahead of the company’s board meeting today, 9 February 2010 to consider issuing bonus shares. Poly Medicure bonus issue was announced yesterday and had jumped 19% on BSE yesterday. The stock hit a high of Rs 250 so far during the day, which is a lifetime high for the counter. The stock hit a low of Rs 216.20 so far during the day. The stock had hit a 52-week low of Rs 33.15 on 27 March 2009.
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[...] Medicure has fixed 29 March 2010 as the record date for the purpose of issue of bonus shares to the members [...]