Multibagger penny stock under Rs 50 with 2,000 per cent returns; Board likely to announce bonus shares!
The stock gave multibagger returns of 630 per cent returns in 1 year and a whopping 2,000 per cent in 3 years.
On Monday, shares of Worth Investment & Trading Company Limited were locked in a 5 per cent upper circuit to Rs 41.48 per share from its previous closing of Rs 39.51 per share. The stock’s 52-week high is Rs 48.55 per share while its 52-week low is Rs 5.60.
Worth Investment & Trading Co Ltd intimates that the meeting of the Board of Directors of the company is to be held on, Friday, August 30, 2024, to consider the proposal for the issue of bonus shares to the equity shareholders of the company and increase in the Authorise Share Capital of the Company subject to necessary approvals, as required.
Earlier, the shares of the company ex-traded stock split of the shares from a face value of Rs 10 to Re 1 on July 03, 2024.
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Worth Investment & Trading Company Limited, founded in 1980, is a finance and investment company that deals in acquiring, selling, and trading various securities like shares, bonds, and stocks. They also provide private financing to specific groups. The company has a market cap of Rs 615 crore with a 3-year stock price CAGR of 180 per cent.
The stock gave multibagger returns of 630 per cent returns in 1 year and a whopping 2,000 per cent in 3 years.
Disclaimer: The article is for informational purposes only and not investment advice.
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