Four stocks to turn ex-date for share split on Thursday

Stocks of four companies – Natco Pharma, Avanti Feeds, Associated Stone Industries - Share Price (Kotah) and Vitan Agro Industries – will turn ex-date for stock split, Rander Corporation will turn ex- consolidation of shares on Thursday, November 26, 2015.

Natco Pharma and Avanti Feeds boards had approved sub-division of equity shares in the ratio of 1:5 i.e. the sub-division of equity shares of their companies from the one share of Rs 10 each into five equity shares of Rs 2 each.

Associated Stone Industries (Kotah) approved the stock-split of equity shares from Rs 5 each to Re 1 each, and of Vitan Agro Industries from Rs 10 to Rs 1.

Thus far in 2015, Vitan Agro Industries has zoomed 384% from Rs 38.35 to Rs 184 on the BSE till yesterday.

Associated Stone Industries (up 75% from Rs 44.95 to Rs 78.45), Natco Pharma (up 70% from Rs 1,530 to Rs 2,596) and Avanti Feeds (67% from Rs 1,583 to Rs 2,643) have rallied more than 60% as compared to 6% decline in the S&P BSE Sensex during the period.

Meanwhile, Rander Corporation has tanked 90% from Rs 13.50 to Rs 1.38 so far in the current calendar year.

Stock markets will closed on November 25, 2015 on account of Gurunanak Jayanti.