Monday, March 10, 2008

State Trading Corporation surges on bonus plans

10 Mar, 2008, 1115 hrs IST, INDIATIMES NEWS NETWORK

MUMBAI: Shares of State Trading Corporation have been defying the market movement of late. The company has fixed March 24 as the record date for bonus shares in the ratio of 1:1.

On Monday, the stock was up 10.63 per cent at Rs 964.95. Around 36,181 shares changed hands in the counter against two-week average of 17,637 shares.

It touched a high of Rs 1046.70 and low of Rs 894 in trade so far. The stock has appreciated 34.58 per cent

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