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Akshar Spintex is in the news once again. The company has stated in the information given to the stock markets that the board meeting will be held in the month of December. Decisions regarding bonus share, dividend and buyback will be taken in this meeting. In July this year, the company split its shares into 10 shares. Let us tell you that on Tuesday, the company’s share price was 7.25 per share.
The company has said that a board meeting was held on December 15. In this board meeting, decisions will be taken regarding bonus shares, buyback and interim dividend for the current financial year. If approved by the board, the company will distribute bonus shares and interim dividend to its investors for the first time.
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How has the performance been in the stock market?
The price of this penny stock has seen an increase of over 14 percent in the last one year. At the same time, this stock has managed to achieve a growth of 3 percent in the last 6 months. Let us tell you that Akshar Spintex has a 52 week high of Rs.8.40 per share and a 52 week low of Rs.4.85 per share.