Promoter Increases Stake: This Supply Chain Management Micro-Cap Stocks Likely to Announce Bonus Shares
Board of Directors of the company is scheduled to be held on Saturday, August 17, 2024
Bombay Metrics Supply Chain Ltd informed that the meeting of the Board of Directors of the company is scheduled to be held on Saturday, August 17, 2024, to consider and approve the proposal for the declaration of bonus Shares, if any, subject to the approval of the Shareholders of the Company and approve any other business with the permission of chair.
Bombay Metrics Supply Chain Ltd has a market capitalisation of Rs 75.8 crore and is currently trading at Rs 123. Over the past 52 weeks, the stock has reached a high of Rs 235 and a low of Rs 74. The company boasts a strong return on equity (ROE) record, with a three-year average ROE of 25.2 per cent. Additionally, the company's debtor days have improved notably from 97.0 to 69.6 days and has a dividend yield of 0.32 per cent
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About the Company
Bombay Metrics Supply Chain Ltd provides global manufacturing, engineering goods and supply chain management services. It offers services in advanced engineering, 3D scanning, rapid prototyping, flow simulation, project management, and quality management. The company was founded by Hiten Talakchand Shah on March 28, 2015 and is headquartered in Mumbai, India.
On Friday, shares of Bombay Metrics Supply Chain Ltd slipped 1.44 per cent. The stock gave positive returns of 6.62 per cent year till date basis. The promoter has increased their stake by 0.14 per cent in March 31, 2024 quarter.
Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.