Skp Securities stock up by 9 percent


Bangalore: Skp Securities Limited stock was among top gainers after price went up by nearly 9 percent. After opening the day at 27.35, the stock touched its 52 week high of 35.50, before closing the trade at 27.25, with gain of 9.04 percent.Through the day,21616 shares of Skp Securities Limited were traded in the market. Skp Securities Limited is an India-based company. The Company is engaged in providing integrated brokerage, financial and wealth management solutions in equities, derivatives, currencies, depository services, mutual funds and insurance advisory services. The Company also provides tax planning instruments, bonds and deposits, initial public offers and financial planning. The Company’s subsidiary includes SKP Commodities Limited. Skp Securities Limited announced that the members at the 20th Annual General Meeting (AGM) of the Company held on July 31, 2010, inter alia, had accorded to the following; dividend at 10 percent on 56,15,000 equity shares of the Company for the year ended March 31, 2010 was declared; M/s. U. S. Agarwal & Associates was appointed as Auditors to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company; Cancellation of membership of The Calcutta Stock Exchange Ltd. was approved.