Bonus Shares Alert: Two small-cap stocks are set to trade ex-bonus tomorrow; Do you own any?

The stock has delivered multibagger returns of 23,000 per cent to investors within a span of only 1 decade.

On Tuesday, the benchmark indices traded positively, with the BSE Sensex Index rising by 0.20% to reach 65,336.34. Additionally, the Sensex Index achieved a new 52-week high at 65,586.60.

Bhansali Engineering Polymers Ltd is actively involved in the manufacturing and sale of ABS Resins, AES Resins, ASA resins, SAN resins, and their alloys with other plastics in the Indian market. The company's Board of Directors has approved bonus shares at a ratio of 2:1, meaning that for every 2 fully paid-up equity shares of Rs 1 each held by the members on the record date, 1 bonus equity share of Rs 1 each will be issued. The company has confirmed Wednesday, July 05, 2023, as the record date for bonus shares.

On Tuesday, shares of Bhansali Engineering Polymers experienced a 0.12 per cent increase, reaching Rs 130.10 per share. The stock witnessed an intraday high of Rs 132.55 and an intraday low of Rs 129.70. With a PE ratio of 9.76x and a ROE of 45 per cent. The stock has generated multibagger returns of over 200 per cent within just 3 years.

Sadhana Nitro Chem Ltd engages in the manufacturing of chemical intermediates, heavy organic chemicals, performance chemicals, as well as wireless network equipment and services. The company's Board has approved a proposal for the issuance of bonus shares in proportion to 2 bonus equity shares for every 9 equity shares with a face value of Rs 1 each held by the shareholders as of the record date, subject to approval by shareholders via postal ballot. The company has verified Wednesday, July 05, 2023, as the record date for bonus shares.

On Tuesday, shares of Sadhana Nitro Chem witnessed a 0.32 per cent decline, reaching Rs 122.95 per share, with an intraday high of Rs 124.95 and an intraday low of Rs 121.35. Over a span of 2 years, the stock delivered 160 per cent returns and an impressive 850 per cent returns within just 3 years. Notably, the stock has delivered multibagger returns of 23,000 per cent to investors within a span of only 1 decade.

Do you have any of the aforementioned Small-Cap stocks in your portfolio?