Hanung Toys up on stock split

Hanung Toys is on the rise today. The stock is up strongly in the green at Rs.116.25, up 7%. Intra day high is at Rs.119.90 and volumes are huge at 62,000 shares changing hands today v/s 20,000 shares over past two weeks average. Market cap stands at Rs.292 crore.

The stock is up in the green after it announced yesterday that its Baord is scheduled to meet on 12^th June for consideration of stock split. The current face value stands at Rs.10/share and equity capital is at Rs.26.58 crore. The company is yet to announce its Q4FY13 and FY13 numbers.