Stock under Rs 110 from the pharmaceuticals industry hit upper circuit as Board is likely to announce bonus shares this week!

The company has a market cap of Rs 51.55 crore and stock is up by 52 per cent from its 52-week low of Rs 72.30 per share.

Walpar Nutritions Ltd informed that a meeting of the Board of Directors of the Company will be held on Friday, July 05, 2024, at 04:00 P.M. at the registered office of the Company situated in Kalol, Gandhinagar, Gujarat, India – 382 721 to discuss and consider, inter-alia:

1. Proposal of Issue of bonus equity shares to the existing equity shareholders of the company.

2. Any other agenda/business matter to be discussed with the permission of the chairperson of the board meeting.

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.

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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 Tuesday, shares of Walpar Nutritions Ltd gained 5 per cent upper circuit to Rs 109.80 per share with an intraday high of Rs 109.80 and an intraday low of Rs 109.80 from its previous closing of Rs 104.60. The stock’s 52-week high is Rs 153.95 and its 52-week low is Rs 72.30. The company has a market cap of Rs 51.55 crore and stock is up by 52 per cent from its 52-week low of Rs 72.30 per share.

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