Double Dhamaka! 1:2 Bonus Shares & 2:1 Stock Split Announced: Multibagger Heavy Electrical Equipment Stock to Keep Under Radar!
The company has a market cap of over Rs 200 crore and gave multibagger returns of 715 per cent in just 2 years.
Aartech Solonics Ltd informed that the Board of Directors in their meeting dated Saturday, July 27, 2024, has fixed Friday, August 09, 2024, as the Record Date, for;
- Sub-division/ split of existing equity shares of the Company from 1 equity share having a face value of Rs 10 each, fully paid-up into 2 equity shares having a face value of Rs 5 each fully paid-up.
- Ascending the eligibility of security holders entitled to issuance of bonus equity shares of the company in the ratio of 1:2 i.e., 1 fully paid-up equity share for every 2 equity shares having a face value of Rs 5 (considering the post-sub-division).
Aartech Solonics Ltd, established in 1982, is a research-driven company specializing in developing and manufacturing electrical machinery and apparatus. Positioned as a system solution provider, the company focuses on specialized energy applications. Their product range includes electricity distribution and control equipment such as Bus Transfer Systems, Control Relay Panels, and innovative solutions like Faradigm Ultracapacitors for energy storage, Waste to Compost Machines for environmental sustainability, CLiP Fault Current Limiters for electrical safety, Load Checkers for power monitoring, and additional offerings under the Best case and GSUN brands, showcasing their commitment to diverse energy solutions.
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On Friday, shares of Aartech Solonics Ltd were locked in a 2 per cent upper circuit to Rs 205 per share from its previous closing of Rs 201. The stock’s 52-week high is Rs 264.40 and its 52-week low is Rs 111.20. The company has a market cap of over Rs 200 crore and gave multibagger returns of 715 per cent in just 2 years. Investors should keep this multibagger heavy electrical equipment stock under the radar.
Disclaimer: The article is for informational purposes only and not investment advice.
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