This multibagger micro-cap company is likely to announce bonus issue of shares; have you bought it yet?

In one year, the shares of Advait Infratech are up by more than 620 per cent while in past one month the shares of multibagger Advait Infratech are up by more than 20 per cent

The shares of mutlibagger Advait Infratech locked in the upper circuit on Monday's trading session on BSE with a spurt in volume of over 1.14 times. The company on November 7 informed bourses that the meeting of Board of Directors of the company has been scheduled to be held on Monday, 14 November 2022. Advait Infratech in its announcement further stated that it is likely to consider and recommend the issue of bonus shares in the same meeting.  

In one year, the shares of Advait Infratech are up by more than 620 per cent while in past one month the shares of multibagger Advait Infratech are up by more than 20 per cent.  

Since 2010, Advait Infratech has been providing products and solutions for power transmission, substation, and telecommunication infrastructure.  

Advait Infratech operates with various verticals such as turnkey telecommunication projects, installation of the power transmission, substation and telecom products, liasioning -marketing, and providing end-to-end solutions to the customers. The company also manufactures and supply capital stringing tools for the construction of the transmission line. 

Advait has also expanded vertically by venturing into the manufacturing of OPGW (Optical Fibre Ground Wire), OFC cables, ACS (Aluminium Clad Steel Wire), ERS (Emergency Restoration System), and OPGW joint boxes. 

Long term investors with high-risk appetite and a penchant for micro-cap investing can keep Advait Infratech on their watchlist.