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REC Ltd Shares Trade Higher Riding On Bonus Issue Announcement

REC Ltd has received approval of shareholders for the bonus issue.
REC Ltd has received approval of shareholders for the bonus issue.
Shares of REC Ltd opened with an upwards trend on Wednesday as the stock started trading ex-bonus ahead of its bonus issue slated for tomorrow. From Tuesday's closing at Rs 102.94 a piece, the stocks touched a high of Rs 106. At 2:58 PM, the shares traded at Rs 105.60 recording 2.38 per cent growth today.
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