Bonus Alert: 1 Free Share For Every 1 Share Held, Record Date – April 29, 2025: Multibagger Stock With 3,000 Per Cent Returns In 5 Years
The stock gave multibagger returns of 150 per cent in 1 just 1 year and a whopping 3,000 per cent returns in 5 years.
Captain Technocast Ltd has announced a 1:1 bonus share issue, meaning eligible shareholders will receive one additional equity share for each existing share they hold. The company has set Tuesday, April 29, 2025, as the record date to determine the shareholders who qualify for this bonus issue. This corporate action aims to increase the total number of outstanding shares, potentially enhancing liquidity and making the stock more accessible to a wider range of investors.
Established in 2010, Captain Technocast Ltd manufactures and sells investment castings, including carbon steel, alloy steel, super alloy steel, and nonferrous options, as well as ball valves. Their diverse product range includes investment castings for various industrial applications, machined components produced with CNC and VMC technology, aluminium pressure die castings through Captain Metcast Pvt Ltd., and industrial valves manufactured by X2 Valves Pvt Ltd. Operating from a 1,90,000 sq. ft. facility in Rajkot, Gujarat, with a 2,400 MT annual capacity, they utilize advanced equipment and maintain a fully equipped lab and in-house machine shop for precision manufacturing.
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The company has a market cap of over Rs 600 crore and working capital requirements have reduced from 93.9 days to 74.9 days. The stock gave multibagger returns of 150 per cent in 1 just 1 year and a whopping 3,000 per cent returns in 5 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.