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Sadbhav Engineering Plans Stock Split



I am not sure if you know this company very well, but Sadbhav Engineering constructs earthen dams, canals, and syphons, remodels and improves canals, rehabilitates, upgrades, widens and strengthens roads and highways and mines minerals.

This stock jumped 5% today to Rs 600 on BSE after the company said its board will meet on 29 July 2008 to consider stock-split. So today, you receive one bonus news and this stock split news.

The stock hit a high of Rs 615.70 and a low of Rs 551.50 so far during the day. The stock had a 52-week high of Rs 1,600 on 7 January 2008 and a 52-week low of Rs 550 on 18 July 2008. The company’s current equity is Rs 12.50 crore. Face value per share is Rs 10.

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