Stock at Rs 130.05 from the pharmaceuticals industry hit upper circuit as Board announces 1:1 bonus share; Record date inside!

The company has a market cap of Rs 51.55 crore and stock is up by 66 per cent from its 52-week low of Rs 78 per share.

Walpar Nutritions Ltd has announced that a meeting of its Board of Directors set Wednesday, August 14, 2024, as the record date for determining shareholders eligible to receive bonus equity shares in the ratio 1:1. The company plans to issue 1 new share having a face value of Rs 10 each for every 1 share having a face value of Rs 10 each held by eligible shareholders.

In business since 2009, Walpar Nutritions Ltd is a one-stop shop for nutraceutical and herbal needs. They create, research, and manufacture dietary supplements, ingredients, and even private-label brands for other companies. Their own branded products are available online and through direct selling channels. Walpar Nutritions also acts as a contract manufacturer for other companies and even runs a platform for trading raw materials used in their products.

Offering a wide range of health and wellness products, Walpar Nutritions caters to diverse customer needs. From general nutritional supplements to sports nutrition and Ayurvedic medicines, they have something for everyone. Their products come in various forms, including powders, tablets, liquids, and even specialized options like sustained-release tablets and protein powders.

On Friday, shares of Walpar Nutritions Ltd gained 5 per cent upper circuit to Rs 130.05 per share from its previous closing of Rs 123.90. The stock’s 52-week high is Rs 153.95 and its 52-week low is Rs 78. The company has a market cap of Rs 51.55 crore and stock is up by 66 per cent from its 52-week low of Rs 78 per share.

Disclaimer: The article is for informational purposes only and not investment advice. 

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