The board of directors of Hindustan Aeronautics will meet on June 27 to consider a proposal of sub-division of equity shares of the company.
The stock on Thursday hit an all-time high of ₹3,546.65 before closing at ₹3,527.70, up 1.12 per cent over previous day’s close of ₹3,488.70.
Earlier in 2021 also, the company had decided to split the company shares, when price was hovering around ₹1,300. However, the board on September 21, 2021, had deferred that proposal. Since then, the stock has jumped around 2.5 times.