India's Axita Cotton rises after board nod for bonus share issue
** Shares of Axita Cotton AXIA.NS up 2.7% at 30.05 rupees
as of 11:08 a.m. IST
** The textile co on Thursday said its board approved bonus
share issue in the 1:3 ratio
** Stock on track for a sixth consecutive session of gain,
if trend holds
** More than 2.3 mln shares change hands, 1.8x the 30-day
avg
** Stock down nearly 40% YTD
(Reporting by Ashish Chandra)
((ashish.chandra@thomsonreuters.com (+91 7982114624))