Jolly Board was locked at 5% upper limit at Rs 1876.35 at 11:05 IST on BSE after the company said its board will meet on 28 June 2008 to consider stock split and issue of bonus shares.
The stock hit a high of Rs 1876.35 and a low of Rs 1876.35 so far during the day. The stock had a 52-week high of Rs 5004.30 on
The company has an equity capital of Rs 0.91 crore. Face value per share is Rs 10.
The current price of Rs 1876.35 discounts its Q3 December 2007 annualised EPS of Rs 73.41, by a PE multiple of 25.56.
The company's board will consider a 10-for-1 stock split. Jolly Board’s net profit rose 215.10% to Rs 1.67 crore on 63.8% increase in net sales to Rs 13.61 crore in Q3 December 2007 over Q3 December 2006.
The company manufactures and sells fibreboard. The company also manufactures hardboards, insulation boards, insulex tiles and others.
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