Multibagger stock under Rs 200: Exciting news awaits investors with first-ever bonus announcement

Multibagger stock under Rs 200: Exciting news awaits investors with first-ever bonus announcement

Karan Dsij
/ Categories: Trending, Mindshare, SME

Its exceptional recent performance and the forthcoming Bonus share proposal make it a stock worth monitoring.

Amidst market uncertainties driven by recent geopolitical events, Dhyaani Tile & Marblez Ltd, an SME stock trading below Rs 200, emerges as a noteworthy contender for investors' watchlists.

Company Profile:

Dhyaani Tile & Marblez Ltd specializes in the production of ceramic tiles, primarily offering two product categories:

1. Double Charge Vitrified Tiles: These durable tiles are thicker due to a unique double pigment layering process, making them ideal for high-traffic commercial projects.

2. Glazed Vitrified Tiles: Manufactured from ceramic materials and fired at high temperatures, these tiles are known for their strength and low water absorption.

Over the past year, Dhyaani Tile & Marblez Ltd has delivered remarkable returns, exceeding 200 per cent. As a result, the stock has turned out to be a multibagger stock.

Notably, the company's Board of Directors is set to convene on October 17 to discuss the issuance of bonus shares to its shareholders. This move indicates confidence in the company's future outlook, adding further intrigue to its investment potential.

In conclusion, amid a backdrop of market uncertainty, Dhyaani Tile & Marblez Ltd warrants attention as it is going to announce bonus for the first time ever. Its exceptional recent performance and the forthcoming Bonus share proposal make it a stock worth monitoring.

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Disclaimer: The article is for informational purposes only and not investment advice.

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