Dolly khanna’s gem: Board of this multibagger specialty chemicals company announces bonus; know more here!
The stock has witnessed significant buying activity as it has given multibagger returns of more than 5496 per cent in last 3 years.
On September 05, 2023, the Sensex has concluded on a positive note, posting a gain of 0.23 per cent. Similarly, the Nifty has also performed well, closing with a 0.24 per cent increase.
In this optimistic market sentiment, the shares of Tina Rubber & Infrastructure Limited soared 3.40 per cent. Furthermore, the scrip witnessed a spurt in volume by more than 3.56 times. The company's current market capitalisation is Rs 706.98 crore.
A good news for shareholders as yesterday the board of directors of Tinna Rubber and Infrastructure Limited has set the Record Date for Saturday, September 16, 2023, to ascertain the eligible shareholders for a 1:1 bonus equity share distribution. This means that for every one fully paid-up Share of Rs 10 each held on the specified record date, shareholders will receive an additional fully paid-up Equity Share of Rs 10.
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Tina Rubber & Infrastructure Ltd is mainly involved in the process of converting End of Life Tyres (ELT) into crumb rubber and extracting steel wires from these tires.
The company has demonstrated commendable profit growth, with an impressive Compound Annual Growth Rate (CAGR) of 44.9 per cent over the past 5 years. This consistent growth reflects the company's strong financial performance and efficient business strategies during this period.
Ace investor Dolly Khanna holds a notable stake of 1.32 per cent in this company. Her investment in the company indicates positive prospects and potential for growth.
Dolly Khana, a prominent investor, partners with her husband to curate an exceptionally successful investment portfolio. With an extensive investment journey starting in 1996, she has established herself as a seasoned and accomplished investor.
Additionally, the stock has witnessed significant buying activity as it has given multibagger returns of more than 29 per cent in just one year and it has increased by 5496 per cent in the last 3 years.
Keep a close eye on this trending stock.
Disclaimer: The article is for informational purposes only and not investment advice.