Multibagger stocks gained up to 6,000 per cent: These micro-cap stocks are set to trade ex-bonus tomorrow for first time ever; do you have any?

The market capitalization of BSE-listed companies was Rs 3,22,50,00 crore as of October 12, 2023.

On Thursday, the benchmark indices were trading flat with BSE Sensex Index up 0.02 per cent at 66,485. The market capitalization of BSE-listed companies was Rs 3,22,50,00 crore or approx. Rs 322 lakh crore as of October 12, 2023. On the same day, 247 stocks hit a 52-week high, while 15 stocks touched a 52-week low.

Bonus Shares are extra shares that a company gives to its current shareholders for free. The number of bonus shares that a shareholder receives is based on how many shares they already own. Bonus shares are a way for companies to reward their shareholders for their loyalty and support.

Following are the 3 stocks that are going to trade ex-bonus tomorrow:

RMC Switchgears Ltd – The Board of Directors of the company has approved bonus shares in the ratio of 1:2 i.e., 1 new equity share of Rs 10 each to be issued for every 2 existing equity shares of Rs 10 each fully paid up. RMC Switchgears Ltd is primarily engaged in the business of switchgear engineering, ECI contracts for the power distribution/ transmission sector and PVC marble and solid surface. The stock gave multibagger returns of 400 per cent in just 1 year, 3,120 per cent in 2 years and a whopping 6,000 per cent in 3 years.

MRP Agro Ltd - The Board of Directors of the company has approved bonus shares in the ratio of 2:1 i.e., 2 new equity bonus shares of Rs 10 each for every 1 existing equity share of Rs 10 each. MRP Agro Ltd does trading of food grains, fly ash and coal including Import and export of such products. The stock gave multibagger returns of 315 per cent in just 2 years whereas BSE Sensex Index is up by 10.3 per cent.

Advance Lifestyle Ltd - The Board of Directors of the company has approved bonus shares in the ratio of 1:1 i.e., 1 fully paid-up equity share of Rs 10 each for every 1 equity share of Rs 10 each. Advance Lifestyles Limited (previously known as The Ahmedabad Advanced Mills Ltd.) is in the business of textile mills, trading of cloth and property construction. The stock gave multibagger returns of 255 per cent in just 1 year whereas BSE Sensex Index is up by 15.40 per cent.

Do you have any of the above micro-cap stocks in your portfolio?