Bonus Shares Alert: Two small-cap stocks are set to trade ex-bonus tomorrow; Do you own any?
The stock has delivered multibagger returns of 1,770 per cent to investors within a span of 3 years.
On Thursday, the benchmark indices traded positively, with the BSE Sensex Index rising by 0.30 per cent to reach 65,640.66. Additionally, the Sensex Index achieved a new 52-week high at 65,677.96.
Roto Pumps Ltd is the pioneer manufacturer of progressive cavity pumps in India, renowned for providing efficient and reliable pumping solutions to a diverse range of industries. The company's Board of Directors has approved bonus shares at a ratio of 3:15, meaning that for every 15 fully paid-up equity shares of Rs 2 each held by the members on the record date, 3 bonus equity shares of Rs 2 each will be issued. The company has confirmed Friday, July 07, 2023, as the record date for bonus shares.
On Thursday, shares of Roto Pumps experienced a 0.47 per cent increase, reaching Rs 795.60 per share. The stock witnessed an intraday high of Rs 801.90 and an intraday low of Rs 784.65. With a ROE of 23 per cent and a ROCE of 26 per cent. The stock gave multibagger returns of 300 per cent in just 2 years and over 750 per cent in 3 years.
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Mufin Green Finance Limited operates as an investment firm. The company offers investment advisory, asset management, capital preservation, and financial planning services. The Board of Directors of the company have approved bonus shares in the ratio of 2:1 for the equity shareholders of the company (i.e., 2 equity shares of Rs 1 each fully paid up for every 1 equity share of Rs 1 each fully paid up held as on the record date decided for this purpose). The company verified the record date for bonus shares as Friday, July 07, 2023.
On Thursday, shares of Mufin Green Finance Limited witnessed a 0.76 per cent increase, reaching Rs 145.30 per share, with an intraday high of Rs 148.70 and an intraday low of Rs 143.05. The stock provided multibagger returns of 160 per cent in just 1 year and over 700 per cent returns in 2 years. Remarkably, the stock has delivered multibagger returns of 1,770 per cent to investors within a span of 3 years.
Do you have any of the aforementioned Small-Cap stocks in your portfolio?