Don’t miss action in this multibagger stock that has announced bonus shares!

The shares of the company saw a spurt in volume by more than 1.91 times on BSE.  

Sirca Paints India Ltd informed that the Board has recommended the issue of bonus shares in the ratio of 1:1 i.e., 1 (One) Bonus equity share of Rs 10 each for every 1 (One) fully paid-up equity share of Rs. 10 each held by the members of the company as on the record date. The company verified the record date for the bonus issue as Thursday, May 11, 2023.  

Sirca Paints India Ltd is engaged in the business of manufacturing, selling and export of wood coatings and other decorative paints under the brand ‘Sirca’. According to the financials, the company has a market cap of Rs 1,800 crore. The company reported positive numbers in Quarterly Results and annual results. Today, shares of the company saw a spurt in volume by more than 1.91 times on BSE.  

Today, shares of Sirca Paints India surged 0.27 per cent to Rs 645.35 per share with an intraday high of Rs 666.55 and a low of Rs 642.80. The stock has a 52-week high of Rs 800 and a 52-week low of Rs 598.85.  

The stock is up by 37.50 per cent in just 1 year and over 294.30 per cent in the last 3 years. Investors should keep an eye on this multibagger Small-Cap stock.