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

The last bonus the company had announced was in 2022 in the ratio of 1:1, and the stock has delivered multibagger returns from the lows of December 2022 of around Rs 118 per cent.

The stock gave multibagger returns of 217.29 per cent in just 6 months.

The stock gave multibagger returns of 150.40 per cent from its 52-week low of Rs 250.  

The stock returned 70.78 per cent in the last 6 months and multibagger returns of 750.41 per cent in just 1 year.

Today, the shares of the company saw a spurt in volume by more than 13.44 times on BSE.

As of September 2022, the promoter owns the majority of the company's shares (67.22 per cent), with the remaining public shareholders (32.78 per cent) owning the remaining shares.  

The stock is up by 15.88 per cent in 1 year and gave multibagger returns of 141.75 per cent in just 2 years.  

The stock gave multibagger returns of 465.89 per cent in just 6 months whereas BSE Small-Cap Index was down over 4 per cent.

The stock gave multibagger returns of 427.26 per cent in just 6 months.

In less than 1 year the stock gave multibagger returns of 386.22 per cent. 

In just 6 months, the stock gave multibagger returns of 640 per cent. The stock also traded at a 52-week high of Rs 500.  

The stock returned 60.40 per cent in the last 6 months and multibagger returns of 693.16 per cent in just 1 year.

The stock gave multibagger returns of 287.83 per cent in just 6 months and 662.44 per cent in the last 1 year.  

In just 6 months, the stock gave multibagger returns of 115.69 per cent.  

In just 6 months, the stock gave multibagger returns of 119.88 per cent and in 1 year it returned over 469.2 per cent.

The stock gave multi-bagger returns of 330 per cent in just 6 months.

The stock gave multibagger returns of 414.9 per cent in just 6 months and 1,115.1 per cent in the last 1 year.

The stock gave multibagger returns of 696.18 per cent in just 6 months whereas BSE Small-Cap Index gave returns of just 6.30 per cent.

Today, shares of the company witnessed a spurt in volume by more than 1.43 times on BSE.

The stock delivered multibagger gains of 417.84 per cent in just 6 months, while the BSE Small-Cap Index only increased by 7.16 per cent.

In just 6 months, the stock gave multibagger returns of 331.93 per cent and in a year, it returned 513.13 per cent.

In just 6 months, the stock gave multibagger returns of 405.69 per cent and in less than a year, it returned 484.59 per cent. 

The stock achieved multibagger returns of 408.69 per cent in just 6 months and 632.45 per cent in the last year. 

The stock delivered multibagger gains of 128.17 per cent in just 6 months, while the BSE Small-Cap Index only increased by 10.39 per cent.

Year-to-date, the stock gave multibagger returns of 592.66 per cent whereas BSE Sensex has increased by 2.5 per cent.

While the BSE Sensex Index has increased by 1.39 per cent year to date, the stock has provided multi-bagger returns of 600.85 per cent year to date.

In the past the stock has recommended a bonus and you’ll be in awe of the bonus announcement if we share the details of bonus ratio. The stock announced an 82:32 bonus issue ratio

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.

The stock gave multi-bagger returns of 214.18 per cent in just 1 month. In addition, the stock gave a multi-bagger return of 360 per cent in just 6 months. 

The corporation verified that the record date for the issuance of bonus shares is December 22, 2022 and that bonus shares will be issued to equity shareholders in a ratio of 1:1.

Today, shares of this company saw a spurt in volume by more than 9 times on the stock exchange.

The stock has returned 220 per cent in the last 5 years, 1,073 per cent in the last 3 years and 287 per cent in the last 1 year alone.

he shares of this company are trading at a PE multiple of 12.92 and an ROE of 6.74, indicating strong managerial performance.

The stock is trading up by nearly 3 per cent and it has recorded a fresh 52-week high on Monday. Interestingly, the stock in the last six months has advanced more than 127 per cent and in the last one year, it has delivered jaw dropping returns of 210 per cent which make the stock a multibagger.  

Similarly, on Friday, the bulls seemed unstoppable just like Virender Sehwag and moreover, the Nifty bulls too scored a triple century and touched a milestone of fresh 52-week high, led by HDFC Twins, Infosys and Reliance Industries. 

These are trying times and we need to stay calm and cautious. That said, we are likely to see stock-specific action and hence, we have chalked a list of stocks which are likely to announce bonus and might see some good action in the days to come. 

The stock is up by nearly 515 per cent on a YTD basis and jumped 451 per cent in the last one year, which made this stock a multi-bagger!

Could the bonus announcement trigger a decent rally in the stock price or will it reclaim its 52-week high?

Very recently, the company bagged an order valued at Rs 173 crore. The nature of the contract is the doubling of the railway tracks between Ludhiana and Qila Raipur (17.174 km) including 25 kV high rise OHE railway electrification and signalling & telecommunication works in engineering procurement & construction (EPC) mode.

In line with this, we have selected some stocks that could be in action amid corporate action as these stocks are likely to announce bonus shares in their upcoming board meetings. 

The company has delivered good profit growth of 43.2 per cent CAGR over the last five years. In the recently concluded quarter, the stock reported sales of Rs 98 crore, up by 40 per cent YoY while its net profit shot up to Rs 17 crore in Q1FY23 as against Rs 11 crore in Q1FY22. The stock’s return on equity (RoE) stands at 32 per cent, which is quite impressive! 

Despite the fact that there was a sharp sell-off witnessed in the frontline gauge, some of the SME stocks on BSE SME were on cloud nine!