High ROE & high ROCE multibagger stock, Board announced bonus shares and dividend!
The stock gave multibagger returns of 146.64 per cent in just 1 year whereas BSE Small-cap Index is just up by 15.50 per cent.
Aptech Ltd informed that the Board of Directors of the company has approved bonus shares in the ratio of 2:5 i.e., 2 bonus equity shares of Rs 10 each for every 5 fully paid-up equity shares of Rs 10 each held by the members of the company on the record date.
Also, the company announced an interim dividend of Rs 6 (60 per cent) per Equity Share (of the face value of Rs 10 each). The company verified the record dates for interim dividends as Thursday, June 01, 2023.
On Monday, shares of Bhansali Engineering Polymers plunged 4.18 per cent to Rs 537.50 per share from its previous closing of Rs 560.95 with an intraday high of Rs 573.95 and an intraday low of Rs 534.65. The shares of the company saw a spurt in volume by more than 1.08 times on BSE.
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Aptech Ltd. provides computer training and multimedia services. The company owns as well as franchises IT training centres in India and abroad.
According to the financials, the company reported excellent numbers in its Quarterly Results and annual results. The net sales increased by 173.84 per cent and the net profit increased by 26.92 per cent in Q4FY23 over Q4FY22. In FY23, net sales increased by 103.11 per cent and net profit increased by 38.77 per cent over FY22.
The stock gave multibagger returns of 146.64 per cent in just 1 year whereas BSE Small-Cap Index is just up by 15.50 per cent. Investors should keep Aptech Ltd company’s stock under the radar.