Shares of Astral Poly Technik climbed 5 per cent to Rs 1,731 on the BSE in Thursday's intra-day trade, in an otherwise weak market, after the company said it would consider a bonus issue plan next month.
At 09:19 am, the stock of the plastic products company was trading 3.5 per cent higher at Rs 1,708 as against a per cent decline in the S&P BSE Sensex. The stock had hit a record high of Rs 1,841, on December 31, 2020.
The company's board of directors is scheduled to meet on February 3, 2021, to consider a proposal for the issue of bonus equity shares. The board will also consider the unaudited financial results for the quarter and nine months ended December 31, 2020 (Q3), the company said in an exchange filing.