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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (5184)	7/19/1999 7:53:00 AM
From: Mohan Marette	of 12475

Zee Telefilms scrip surges; stock split will benefit small investors zeetelevision.com zeetelevision.com Date: 7/19/99 2:38:01 PM (Probity Research) Zee Telefilms scrip surged in BSE today following news of stock split. Early in the afternoon Zee Telefilms share was trading at Rs1879.15 up Rs139 (8%) from Friday's close of Rs1740. The company said that Rs10 face value share is high-priced stock and it may consider splitting the stock to enhance liquidity. The company is considering two options for the stock split ie 1 share of Rs10 may be split into 2 shares of Rs5 each or 10 shares of Rs1 each. Should the company wish to go in for the latter option, small investors will stand to gain as the stock will be more affordable for them.

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