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1:1 Bonus First-Ever Announced by Gujarat-Based Stock: Promoters Waive Their Dividend for Expansion – Don’t Miss Action in This Stock!
1:1 Bonus First-Ever Announced by Gujarat-Based Stock: Promoters Waive Their Dividend for Expansion – Don’t Miss Action in This Stock!

1:1 Bonus First-Ever Announced by Gujarat-Based Stock: Promoters Waive Their Dividend for Expansion – Don’t Miss Action in This Stock!

Notably, the Promoter Group, which holds 60.18 per cent of the company's shares, has waived its dividend for FY2023-24 to support the company's upcoming expansion plans.

Karan Dsij Article rating: 3.9

During its Annual General Meeting, the company approved the issuance of bonus equity shares in the ratio of 1:1, meaning one bonus share of Rs. 2 each for every existing share of the same value held by shareholders as of the record date

1:1 Bonus Share After 19 Years Announced by This Multibagger Stock
1:1 Bonus Share After 19 Years Announced by This Multibagger Stock

1:1 Bonus Share After 19 Years Announced by This Multibagger Stock

Shares have delivered multibagger returns over the past year, with the stock price rallying about 108 per cent

Karan Dsij Article rating: 3.9

his marks the first time the company has announced bonus shares since December 2005, when it issued bonus shares in a 4:1 ratio.

Multi-bagger in just 1 month: Don't miss action in this stock that has announced bonus shares!
Multi-bagger in just 1 month: Don't miss action in this stock that has announced bonus shares!

Multi-bagger in just 1 month: Don't miss action in this stock that has announced bonus shares!

Shares of this company are trading at a PE multiple of 11.4 and an ROE of 15.4 per cent, reflecting strong management performance.

Kiran Shroff Article rating: 4.4

Shares of this company are trading at a PE multiple of 11.4 and an ROE of 15.4 per cent, reflecting strong management performance.

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