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Bank of Baroda gains after fixing record date for stock split
Source: IRIS | 23 Dec, 2014, 10.59AM
Rating: NAN / 5 stars.
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Bank of Baroda, one of the leading public sector lenders, witnessed a rise in share price on Tuesday after the bank announced that Jan. 23, 2015 has been fixed as the record date for determining the shareholders of the bank, who are entitled to receive the equity shares of the bank upon the sub division/ reduction in the face value of one existing equity share of Rs 10 each fully paid up into five equity shares of Rs 2 each fully paid up.

Shares of the bank are trading at Rs 1,075, up Rs 18.75, or 1.78%  at the Bombay Stock Exchange (BSE) on Tuesday at 10:48 a.m. The scrip has touched an intra-day high of Rs 1,079.80 and low of Rs 1,062.70. The total volume of shares traded at the BSE is 37,863.

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