DSIJ Mindshare

1.34 Lakh Shares Bought by Promoter: Gujarat-Based Company Sees Increased Promoter Interest After 1:1 Bonus Issue; Is Major Development on the Cards?

The company recently issued bonus equity shares in the ratio of 1:1, i.e., one bonus equity share of face value Rs. 2 for every existing equity share

Karan Dsij 0 1190 Article rating: 3.7

Mrs. Madhu Narayan Saboo, belonging to the promoter group of the company, acquired 89,594 equity shares on September 27, 2024, for Rs. 1.10 crore. The average acquisition price was Rs. 123.74 per share. Following this acquisition, her shareholding in the company has increased to 5.75 per cent, totaling 81,35,154 equity share

Promoter-Madhu Narayan Saboo Bought 89,594 Shares & 1:1 Bonus Share: Gujarat-Based Cement Block Manufacturer; Scrip Trades at High ROE & High ROCE

The stock gave multibagger returns of 975 per cent in 3 years and a whopping 4,400 per cent in 5 years.

Kiran Shroff 0 468 Article rating: 4.2

The stock gave multibagger returns of 975 per cent in 3 years and a whopping 4,400 per cent in 5 years.

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