NEW DELHI: Shares of Nath Bio-Genes (India) soared over 11 per cent on Tuesday ahead of a meeting of the company’s board of directors.
According to the regulatory filing, the board will meet to consider the company’s audited financial results in the meeting slated for Thursday, June 24, 2021. Also, the dividend for the year 2020-21 and a buyback of shares are also on the cards for discussion.
Nath Bio-Genes shares soared 11 per cent to Rs 449 on Thursday. However, the stock gave up some gains to trade at Rs 423.45 at 9:55 am, outperforming the S&P BSE Sensex index, which was down 0.29 per cent at 52,334.99.
Shares of Nath Bio-Gene have soared up to 54 per cent so far this year. In the last one year, the counter has underperformed benchmark indices, giving a 23 per cent return.
