Shares of Tide Water Oil (India) continued their northward movement, surging 10 per cent on Thursday to hit a new high of Rs 10,449 on the BSE on Tuesday. The stock has rallied 74 per cent in the past four trading days after the company engaged in oil & marketing distribution business said it will consider a stock split and bonus issue in the forthcoming board meeting to be held on June 10, 2021.
With the past four days surge, the market price of Tide Water Oil (India) has more-than-doubled (up 133 per cent) in the past 15 days from the level of Rs 4,490.70 on May 10. In comparison, the S&P BSE Sensex was up 5 per cent during the same period.
General insurance employees set to go on strike on Wednesday The govt had announced its decision of strategic sale in one general insurance company in 2021-22 and introduce the IPO of LIC in the current fiscal
Employees of public sector insurance companies, including LIC and four public sector general insurers, are set to up the ante against the government move to divest LIC and privatise a general insurance company.
Following a two-day bank strike on Monday and Tuesday, general insurance employees are set to go on a strike on Wednesday (March 17, 2021) and LIC employees have called a strike on Thursday (March 18, 2021).