Pondi Oxides & Chemicals Limited (POCL) is a small-cap company operating in the chemical industry with a market valuation of Rs. 453.48 crores. The best grades of lead and lead alloys, as well as PVC additives, are produced by POCL, a leading secondary lead smelter in India. These products are provided to companies that manufacture batteries, chemicals and PVC extruded and molded products. As per the data available on BSE, the firm has announced 1:1 bonus share, the record date for which has been fixed as September 29, 2022. As a result, the stock will trade ex-bonus on September 28, 2022.
Pondi Oxides & Chemicals Limited (POCL) Corporate Actions
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For the purpose of the record date, the company in a regulatory filing has stated that “As per the provisions of Regulation 42 of SEBI (Listing and Disclosure Requirements) Regulations, 2015, we wish to inform that the new record date of issue of bonus shares is The objective has been fixed on 29 September 2022.”
Today Pondi Oxides & Chemicals Ltd shares closed at Rs. 785.00 per piece, up 3.95 per cent from yesterday’s closing price. 755.15 per share. share price climbed 68.73 on 23 April 2004, to the level it is now, represents a multibagger return and an all-time high of 1042.15%. The stock has gained 69.95% in the last five years and 88.05% over the previous year. The stock has gained 71.60% YTD so far in 2022. The stock has appreciated 41.11% in the last six months and 21.30% in the last month. The stock has gained 7.10% during the last five trading sessions, has been rising for the past four days, and has returned more than 9% in that time. The stock had touched a 52-week high 929.55 on (19/04/2022) and 52-week low of 403.00 (26/08/2021) which indicates that the stock is trading up 15.55% from the high and up 94.78% from the low at the current share price.
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