India's Garware Technical Fibres gains on approval for bonus share issue

Garware Technical Fibres

27/12/2024 06:21

** Garware Technical Fibres  GRWL.NS  gains 2.3% to 4,568
rupees
    ** Textiles firm gets in-principle approval from BSE
 BSEL.NS  to issue 79.4 mln bonus shares in the ratio of 4:1
    ** About 55,000 shares traded vs 30-day avg of 48,528 shares
    ** Stock up 6.5% so far this week; set to snap two straight
weeks of losses
    ** YTD, GRWL up 36.24% 

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))