DSIJ Mindshare

The bonus shares will be sourced from the company's profit reserves, and the company possesses adequate free reserves, meeting the prerequisites for the bonus issue.

After experiencing losses last year, the company has now posted a net profit and announce bonus shares and dividends for shareholders.

Shares have recorded a notable gain of around 60 per cent in the past six months, translating into multibagger returns of 115 per cent over the last year.

Promoters currently command a substantial 75 per cent stake in the company, and the stock boasts an impressive dividend yield of 10.5 per cent – one of the highest for a stock priced below Rs 1. Trading at a book value of 0.08, with the book value standing at Rs 12.4. 

Shares of this company have gained more than 240 per cent in the last six months.