Multibagger in just one year: Board announced bonus shares and dividend!

Shares of this company have gained more than 70 per cent in the last six months.

Aptech Limited informed in the exchange filing that the company’s board has approved bonus shares in a ratio of 2:5 (two equity shares for every five equity shares) held on the record date. The board of the company has also approved an interim dividend of Rs 6.00 per share (60 per cent) with a face value of Rs 10 each on equity shares for the financial year ended March 31, 2023. The company has kept Friday, July 14 2023 as the record date for the bonus issue.

The company posted fantastic Quarterly Results. In Q4FY23, the revenue of the company stood at Rs 178.46 crore which grew by 175.66 per cent YoY. The operating profit of the company stood at Rs 37.99, growing 218.09 per cent YoY, while the PAT of the company grew by 30.55 per cent YoY, staying at Rs 33.36 crore.

Aptech is a pioneer in the non-formal education and training business in the country with a significant global presence. It has a presence in diverse sectors ranging from IT training, media & entertainment, retail & aviation, beauty & wellness, banking & finance, and the pre-school segment.

Furthermore, Aptech Limited has delivered multibagger returns to its shareholders. During this period, shares of Aptech Limited surged from Rs 229.80 on May 27, 2022, to Rs 558.60 on May 26, 2023, an increase of about 143 per cent in a one-year holding period. And investors should keep a close eye on this stock.