Double Dhamaka! 2:1 Bonus Share & 10 Per Cent Dividend Announced: Multibagger Stock With 31,000 Per Cent Returns Hit Upper Circuit

The stock gave multibagger returns of 1,630 per cent in just 1 year and a whopping 31,000 per cent in 5 years.

Vantage Knowledge Academy Ltd (VKAL) announced two significant decisions at a recent Board meeting. Firstly, the Board has recommended a bonus Issue of 2 new equity shares for every existing equity share held by eligible shareholders, subject to shareholder approval. Secondly, the Board approved an Interim dividend of Re. 0.10 per equity share for the current financial year, amounting to Rs. 1,13,82,500. The record date for the bonus issue will be announced in due course and the interim dividend has been set as Tuesday, January 17, 2025.

Vantage Knowledge Academy Ltd (VKAL), established in 2013, is an Indian education and publication company that provides programs for commerce graduates aiming for careers in finance. They are affiliated with prestigious organizations like The Chartered Institute of Management Accountants, the Indian Institute of Banking and Finance, and ACCA. VKAL offers a variety of professional courses in chartered wealth management, chartered global management accountants, diplomas in banking and finance and more, along with certificate courses in financial literacy, global accountancy and technical analysis.

Today, shares of Vantage Knowledge Academy Ltd hit a 5 per cent lower circuit to Rs 197.10 per share from its previous closing of Rs 187.75 per share with a 1.01 times spurt in volume. The company has a market cap of over Rs 2,200 crore with a 3-year CAGR of 520 per cent. The stock gave multibagger returns of 1,630 per cent in just 1 year and a whopping 31,000 per cent in 5 years. Investors should keep an eye on this Small-Cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.