Multibagger stocks gained up to 3,900 per cent: These small-cap stocks are set to trade ex-bonus tomorrow; do you have any?
An ace investor, Mukul Agarwal bought 200,000 shares of this company in the September quarter (Q2FY24).
On Monday, the benchmark indices were trading flat with BSE Sensex Index down 0.03 per cent at 66,264. The market capitalization of BSE-listed companies was Rs 3,22,57,667 crore or approx. Rs 323 lakh crore as of October 16, 2023. On the same day, 258 stocks hit a 52-week high, while 18 stocks touched a 52-week low.
Bonus Shares are extra shares that a company gives to its current shareholders for free. The number of bonus shares that a shareholder receives is based on how many shares they already own. Bonus shares are a way for companies to reward their shareholders for their loyalty and support.
Following are the 2 Small-Cap stocks that are going to trade ex-bonus tomorrow:
Gensol Engineering Ltd – The Board of Directors of the company has approved bonus shares in the ratio of 2:1 i.e., 2 new equity shares of Rs 10 each to be issued for every 1 existing equity share of Rs 10 each fully paid up. Gensol Engineering Limited provides renewable energy project development services. The company constructs solar plants. Gensol Engineering serves customers in India. The stock gave multibagger returns of 135 per cent year to date, 2,390 per cent in 2 years and a whopping 3,900 per cent in 3 years. An ace investor, Mukul Agarwal bought 200,000 shares of this company in the September quarter (Q2FY24).
Kama Holdings Ltd - The Board of Directors of the company has approved bonus shares in the ratio of 4:1 i.e., 4 new equity bonus shares of Rs 10 each for every 1 existing equity share of Rs 10 each. Kama Holdings Ltd. provides real estate and education services. The Company rents real estate properties, provides education services, and invests in shares. The stock gave multibagger returns of 235 per cent in 3 years whereas BSE Sensex Index is up by 65.75 per cent.
Do you have any of the above stocks in your portfolio?