Market Talk

Stock split...Gammon Infra locked at upper circuit
India Infoline News Service / Mumbai Aug 11, 2009 17:23
Shares of Gammon Infra were locked by 5% upper circuit to Rs103.5.

The Board of Directors of Gammon Infrastructure approved the sub-division of the issued and un-issued equity shares of the Company of the face value of Rs 10/- (Ten) each into 5 (Five) equity shares of Rs 2/- (Two) each, subject to the approval of the shareholders.
Shares of Gammon Infra were locked by 5% upper circuit to Rs103.5. The stock opened at Rs95 and made an intra-day high of Rs103.5 and a low of Rs94. Total traded volumes stood at 27,000 shares.