Record Date Announced For 1:2 Bonus Shares: Debt-Free Multibagger Stock Hit Upper Circuit & 52-Week High On December 13
The stock gave multibagger returns of 560 per cent in 6 months; 5,465 per cent in 1 year and a whopping 9,000 per cent in 2 years.
On Friday, shares of Aayush Wellness Ltd gained 2 per cent upper circuit to Rs 184.15 per share from its previous closing of Rs 180.55. The stock also made a 52-week high is Rs 184.45 per share and its 52-week low is Rs 3.43 per share.
The board of directors of Aayush Wellness Limited have approved the issue of 1,62,25,000 bonus equity shares to its shareholders in the ratio of 1:2 i.e. one bonus equity share for every two equity shares held by the shareholder on the record date. The record date fixed for bonus shares is Thursday, December 26, 2024.
Additionally, Aayush Wellness Limited has secured a significant export order worth USD 3 million from Cosmos Holdings Pte Ltd, a leading distributor in Singapore. This strategic partnership marks a pivotal moment for the company, solidifying its position in the global nutraceutical and healthcare market. By catering to Singapore's growing demand for high-quality dietary supplements, including effervescent tablets, marine collagen, probiotics, and super greens powders, Aayush Wellness is poised to capitalize on the region's burgeoning health and wellness industry.
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About Aayush Wellness Limited: (ISO 9000 and 22000 certified company)
Aayush Wellness Limited [BSE scrip code: 539528], established in 1989 is a pioneering name in health and wellness solutions, dedicated to offering products that merge wellbeing with innovation. With a steadfast commitment to quality and consumer well-being, Aayush Wellness continues to lead the industry in promoting healthier lifestyle choices through its diverse range of wellness products.
The company has a market cap of Rs 597.57 crore and it is debt-free. The stock gave multibagger returns of 560 per cent in 6 months; 5,465 per cent in 1 year and a whopping 9,000 per cent in 2 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.