Wednesday, November 25, 2015

Natco Pharma, Avanti Feeds to turn ex-split

Shares of Natco Pharma will start trading in Rs.510-525 range from Wednesday, the ex-date for the stock split. Similarly, Avanti Feeds’ shares will trade in the range of Rs.520-530 from Wednesday. 

Both companies are sub-dividing the face value of their shares to Rs.2 from Rs.10. From a low of Rs.1,301.90, Natco shares climbed to a high of Rs.2,709 while Avanti Feeds scaled a new peak of Rs.3,450. Last December, the stock was ruling at around Rs.1,400.

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