New Delhi, Oct. 23 -- Small-cap stock Sikko Industries shares have been in a sharp uptrend for three consecutive sessions following the company's announcement of a stock split and bonus share issue.

Sikko Industries' share price rallied 18.5% in intraday trade on Thursday, October 23. With this, the small-cap stock has risen 27% in three sessions. The company's board approved the corporate actions at a meeting held on Saturday, October 18.

The small-cap stock hit a 52-week high of Rs.122.70 on the NSE today. As of 11.45 am, Sikko Industries' share price was trading 16.4% higher at Rs.120.48.

The company's board approved the sub-division of one equity share of face value of Rs.10 each fully paid-up into 10 equity shares of face value of...