1:2 Bonus Issue and Rights issue of up to Rs 49.90 Crore: Debt-Free Multibagger Stock has Given Over 3,000 per cent Returns!
Shareholders have made 5,685 per cent return in last 18 months. Rs 5 lakhs invested is now Rs 2.84 Crores.
On Wednesday, shares of Aayush Wellness Ltd gained 2 per cent upper circuit to Rs 112.80 per share from its previous closing. The stock also made a 52-week high is Rs 112.80 per share and its 52-week low is Rs 3 per share.
Aayush Wellness Ltd India’s smart nutrition company has declared a bonus issue of 1,62,25,000 equity shareholders in the ratio of 1:2 i.e. shareholders will receive 1 bonus equity share for every 2 equity shares held on the record date. At the CMP of Rs 112.80 per share this translates into Rs 183 crore reward being distributed to shareholders through this bonus issue.
Aayush Wellness (AWL) has also announced fundraising of up to Rs 49.90 crores through Rights Issue for funding its expansion and business acquisitions. This will be a great opportunity for the shares to acquire more shares at a discounted price.
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The price of the shares of Aayush Wellness has seen a phenomenal rise in the last 18 months wherein the stock has risen from Rs 1.95 on April 05, 2023 to Rs 112.8 on November 6, 2024 a whopping 5,684 per cent increase. Thus, Rs 5 lakhs invested on April 05, 2023 would worth Rs 2.84 Crores on November 6, 2024. In last one year the stock price has given multibagger returns of 3,180 per cent.
In Quarterly Results of Q1FY25, company has reported its best quarterly earnings. The company achieved an impressive 6,300 per cent y-o-y topline growth and 183.56 per cent y-o-y bottom line growth. Company’s total revenue stood Rs 1110.56 lakhs vis-à-vis Rs 17.35 lakhs in June 2023 and profit after tax stood at Rs 25.49 lakhs, vis-a-vis Rs 8.98 lakhs in the same quarter last year. This notable growth was fueled by the successful expansion and enhancement of its product portfolio, alongside strong performance across its core business segments in the Healthcare and wellness sector.
Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.