Vishal Information rises on stock split proposal
Tuesday, January 6, 2009 10:30 amVishal Information Technologies presently trades at Rs 325, up by 14.50 points or 4.67% from its previous closing of Rs 310.50 on the BSE.
The stock opened at Rs 318 and has touched a high of Rs 325.50 with a low of Rs 310.05. So far 3784 shares were traded on the BSE.
The BSE Small-cap stock has a 52 week high of Rs 362.90 on September 29, 2008 and a 52 week low of Rs 145 on August 11, 2008.
The BSE Small-cap index presently trades at 3,937.64 up by 0.52% from its previous closing.
Vishal Information Technologies has convened a meeting of its board of directors on January 15, 2009, to consider the proposal to sub divide face value of shares of the company from Rs 10 to Re 1 each and to fix record date for the same. The board will also consider an increase in authorised share capital of the company and proposal of issue of GDR and acquisition of target companies abroad.
