Multibagger stock below Rs 100: Don't miss action in this stock that has announced bonus shares!

The stock returned 60.40 per cent in the last 6 months and multibagger returns of 693.16 per cent in just 1 year.

The benchmark indices were trading lower on Friday, with the Sensex down 141.87 points or 0.24 per cent at 59,463.93 and the Nifty down 45.45 points or 0.26 per cent at 17,465.80.  

Despite being a weak market today, shares of Growington Ventures India Ltd surged 5.05 per cent to an intraday high of Rs 94.70 per share from its previous closing of Rs 90.15. At 03:30 pm, shares of the company ended the day in green, up 2.94 per cent to Rs 92.80 per share. The stock has a 52-week high of Rs 97 per share and a 52-week low of Rs 11.24.  

Growington Ventures India Ltd, a Small-Cap stock in the tourism & hospitality sector, approved bonus shares in the ratio of 24:100. It implied that for every 100 shares held, shareholders would receive 24 bonus shares as of the record date. The company did not declare any record date for the issue of bonus shares.   

Growington Ventures India Ltd also known as VMV Holidays, is engaged in the business of providing all travel & tourism-related services which include air ticket booking, tour packages, hotel & resort booking, car rental services, visas, event management and wedding planning.  

The stock returned 60.46 per cent in the last 6 months and multibagger returns of 693.16 per cent in just 1 year. Investors should keep an eye on this small-cap stock.