India's Ruby Mills considers bonus issue; stock jumps to 3-month high
04/08/2022 07:55
** Shares of Indian textile manufacturer Ruby Mills Ltd
RUBY.NS rise as much as 17.8% to 475 rupees, highest since May
2
** Co said on Wednesday that it is considering a bonus issue
of shares (https://bit.ly/3BGgcji)
** More than 285,000 shares change hands by 0630 GMT, 25.2x
30-day avg of 12,198 shares
** Stock up 55.1% so far this year, as of last close
** Co did not provide any details on the bonus issue
(Reporting by Atreya Raghavan in Bengaluru)
((Atreya.Raghavan@thomsonreuters.com; Mobile: +91 8527959656))
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