OMDC board meets to consider bonus issue; stock down nearly 5%

Orissa Minerals Development Company dropped on Monday after media reports quoted that the board of the company is meeting today to consider bonus issue.Shares of the company are trading at Rs 53,490, down Rs 2725.05, or 4.85% at the Bombay Stock Exchange (BSE) on Monday at 10:52 a.m.The scrip has touched an intra-day high of Rs 58,000 and low of Rs 53,404.30. The total volume of shares traded at the BSE is 2,363.In the earlier session, the shares fell 0.42%, or Rs 236.5, at Rs 56,215.05. Currently, the stock is trading down 11.43% from its 52-week high of Rs 60,392.25 and above 109.35% over the 52-week low of Rs 25,550.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 54,175.05 2,040.00 3.77 1 Month 49,958.55 6,256.50 12.52 3 Months 26,160.60 30,054.45 114.88 6 Months 37,528.95 18,686.10 49.79 1 Year 47,988.40 8,226.65 17.14 Note: Based on previous day closing price.