Don't miss action in this multibagger stock that has announced bonus shares and stock split!

In just 6 months, the stock gave multibagger returns of 331.93 per cent and in a year, it returned 513.13 per cent.

Goldstar Power Ltd recently told the exchange that this week it will issue bonus shares in the ratio 4:5 and stock split of equity shares with a face value of Rs 10 each into 10 equity shares with a face value of Re 1 each. The corporation verified that the record date for the issuance of bonus shares and stock split is Saturday, January 21, 2023.  

Today, shares of Goldstar Power Ltd plunged 3.32 per cent to Rs 154.32 per share. The stock has a 52-week high of Rs 170.50 and a 52-week low of Rs 21.50. 

Goldstar Power Limited manufactures industrial batteries. The company offers automotive, tubular, solar, pure lead and alloy batteries. Goldstar Power also provides inverters, leads, alloys and other related products. Goldstar Power serves customers worldwide.  

According to the financials, Goldstar Power Ltd has a market cap of 171 crore with a 1-year CAGR of 535 per cent. In FY22, the company had net sales of Rs 42.91 crore and its net profit increased by 787.5 per cent to Rs 0.71 crore, compared to FY21, when it was only Rs 0.08 crore.  

In just 6 months, the stock gave multibagger returns of 331.93 per cent and in a year, it returned 513.13 per cent respectively. Investors should keep an eye on this multibagger stock.