Multibagger from its 52-week low; Board announced bonus shares and dividend!
The stock is up by 43 per cent in 1 month and over 100 per cent in just 1 year.
NDR Auto Component Ltd, a leading manufacturer of seat frames and seat trims announced that the Board of Directors of the company have approved bonus share in the ratio of 1:1 and declared a final dividend of 50 per cent or Rs 5 per equity share having a face value of Rs 10 each.
The company also informed that the book closure from July 13, 2023 to July 19, 2023 (both days inclusive), with a cut-off date of July 12, 2023 is only for the purpose of dividend and Annual General Meeting (AGM). The record date for the purpose of determining eligible shareholders entitled to receive bonus shares shall be intimated after the AGM.
DSIJ offers a service 'Micro Marvel' with recommendations for micro-cap stocks based on research and analysis to help subscribers make informed investment decisions. If this interests you, then do download the service details pdf here
On Friday, shares of NDR Auto Component Ltd gain 1.22 per cent to Rs 842.30 per share with an intraday high of Rs 854 and an intraday low of Rs 835.90.
NDR Auto Component operates in the auto components industry and manufactures seat frames and trims for four-wheelers and two-wheeler vehicles and other accessories relating to car seats.
According to the financials, NDR Auto has a market cap of Rs 500.86 crore with a 1-year CAGR of 110 per cent. The company reported amazing numbers in its Quarterly Results (Q4FY23) and annual results (FY23).
The stock gave multibagger returns of 183.44 per cent from its 52-week low of Rs 301.30 per share. Investors should keep an eye on this micro-cap stock under the radar.
Related articles
-
625 per cent returns: This multibagger auto company reports a 143 per cent jump in net profit after bonus shares & dividend!
-
Multibagger in just one year: Board announced bonus shares and dividend; stock hits upper circuit & 52-week high!
-
Multibagger from its 52-week low: Board likely to announce bonus shares and dividend; stock trades at high ROE & high ROCE!
-
Multibagger penny stock below Rs 10: Board announces bonus shares and dividend; PAT zooms over 100 per cent!
-
Multibagger penny stock under Rs 10: Board likely to announce bonus shares, dividend and buyback of shares; PAT zooms over 100 per cent!
-
Multibagger penny stock below Rs 10; Board likely to announce bonus shares, dividend and buyback of shares!
-
FIIs bought 37,19,299 shares of this high ROE & ROCE multibagger penny stock: Board likely to announce bonus shares; PAT zooms over 180 per cent!
-
Multibagger penny stock below Rs 10 with 2,000 per cent returns: Board announce bonus shares & dividend!
-
Bonus shares and 700 per cent dividend announced: This multibagger IT company reports stellar quarterly and half-yearly results!
-
Ashish Kacholia gains Rs 57,80,75,000 from this multibagger small-cap stock; Board likely to announce bonus shares and dividend!
-
1,900 per cent returns: Multibagger penny stock under Rs 10 to pay bonus shares and dividend for the first time ever; Ex-date tomorrow!
-
623.25 per cent returns in this multibagger stock; Board announced bonus shares and dividend!
-
1,780 per cent returns in this multibagger stock; Board announces bonus shares and dividend!
-
1,741 per cent returns in this multibagger stock; Board likely to announce bonus shares and dividend!
-
2,000 per cent returns in this multibagger stock; Board likely to announce bonus shares and dividend!
-
675 per cent returns in this multibagger stock; Board likely to announce bonus shares and dividend!
-
460 per cent returns in this multibagger stock; Board announced bonus shares and dividend; hits back-to-back 52-week highs!
-
440 per cent returns in this multibagger stock; Board announced bonus shares and dividend!
-
700 per cent returns in this multibagger stock; Board announced bonus shares and dividend!
-
High ROE & high ROCE multibagger stock; Board likely to announce bonus shares and dividend!