New Delhi, Feb. 20 -- Gujarat Toolroom shares hogged the limelight in intra-day trade on Thursday, February 20, following the board nod to allotment of bonus shares and announcement of the December quarter (Q3) results.

The company on Wednesday after market trading hours informed that its board has approved the allotment of 116,03,28,150 shares of Rs.1 each as fully paid bonus shares to the shareholders whose names appeared on the register as on the record date i.e. February 18.

The company had announced a bonus share issue in the ratio of 5:1, meaning that it would issue five shares for every one share held.

Gujarat Toolroom also announced its Q3 results on Wednesday, wherein it witnessed a 76% year-on-year (YoY) increase in its reven...