Thursday, October 2, 2008

Jolly Board was locked at upper limit of 10% at Rs 676.65

Jolly Board was locked at upper limit of 10% at Rs 676.65 on BSE, extending gains for the third consecutive session.
The stock turned ex-bonus on 29 September 2008. The record date for 1-for-1 bonus issue is today, 1 October 2008.
The stock advanced 20.98% in last two trading session to Rs 615.15 on 30 September 2008 from Rs 508.47 on 26 September 2008.
The stock had a 52-week high of Rs 1000.86 on 19 November 2007 and a 52-week low of Rs 216.98 on 19 March 2008.
The small-cap wooden products maker has an equity capital of Rs 4.55 crore. Face value per share is Rs 10.
Jolly Board’s net profit rose 40% to Rs 1.54 crore on a 25.9% rise in sales to Rs 14.97 crore in Q1 June 2008 over Q1 June 2007.
Jolly Board manufactures hardboard, fiberboard, softboard and related products. The company sells its products under the Jolly Board trade name.

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