MSL hits a new high

Maharashtra Seamless in this otherwise poor market is shining like a bright star. The top gainer on the BSE, the stock, which had closed yesterday at Rs.830.15, opened today at Rs.859.35 and went on to hit a new 52-week high at Rs.910.

The stock price soared after the company said that its Board will be meeting on the 17^th of Oct to consider issue of bonus shares as well as sub division/split of the company’s existing equity shares of Rs 5 each.

On the same day, the company will also announce the Q2FY23 earnings.