162 Per Cent Returns From 52-Week Low: Mukul Agrawal’s Portfolio Stock Announces 2:1 Bonus Share
The stock gave multibagger returns of 162 per cent from its 52-week low of Rs 2,115 per share.
BSE Ltd. will issue bonus equity shares at a 2:1 ratio, distributing approximately 27.46 crore new shares worth Rs 54.93 crore. This bonus, funded by Capital Redemption and General Reserves as of December 31, 2024, will increase the issued share capital from Rs 27.47 crore to Rs 82.4 crore. The required reserves are Rs 54.93 crore, drawn from unaudited reserves reviewed on February 6, 2025.
Bombay Stock Exchange (BSE Ltd) is an Indian Stock Exchange located on Dalal Street in Mumbai. The company facilitates a market for trading in equity, currencies, debt instruments, derivatives, and mutual funds. BSE Ltd, the first-ever stock exchange in Asia, was established in 1875. It is the Fastest Stock Exchange in the world, with a speed of 6 microseconds and is one of India's leading exchange groups.
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BSE Ltd has a market cap of Rs 74,000 crore and has been maintaining a healthy dividend payout of 57.2 per cent. In FY24, the company reported net sales of Rs 503.21 crore and net profit of Rs 46.86 crore. An ace investor, Mukul Agrawal, owns a 1.33 per cent stake in the company as of December 2024. The stock gave multibagger returns of 162 per cent from its 52-week low of Rs 2,115 per share. Investors should keep an eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.