Smallcap Stock Split: Shares rally 8%; check ratio and record date

Motisons Jewellers shares on Thursday rallied 8 per cent amid firm buying in the market. The smallcap stock opened in the green at Rs 291.05 against yesterday's close of Rs 289.93.

The stock made an intraday high of Rs 314, up nearly 8 per cent. Around 2:45 PM, the jewellery company's shares held firmly in the green as it traded 6.50 per cent higher at Rs 309 apiece. Nearly 40 lakh shares changed hands around the same time.

Motisons Jewellers shares today gained two-day of consecutive fall. The counter is in focus ever since its board announced the sub-division of equity shares.