State Bank of India holds 1.66% stake: Debt-free multibagger stock hit upper circuit & 52-week high as Board is likely to announce bonus shares!

The stock has given multibagger returns of 1,349 per cent from its 52-week low of Rs 19.27 per share and a whopping 4,800 per cent in 5 years.

Stellant Securities (India) Ltd informed that a meeting of the Board of Directors of the Company will be held on July 10, 2025, to consider and transact the following businesses: -

1. To consider and approve Unaudited Financial Results for the quarter ended on June 30, 2025.
2. To consider and approve the issuance of bonus shares to the existing shareholders of the company.
3. To apply for an NBFC license.
4. Any other business with the permission of the Chair.

Stellant Securities (India) Ltd is a Mumbai-based public limited company incorporated in 1991, primarily engaged in providing consultancy services and trading in various investment instruments. While initially involved in the publication of a yellow page directory, the company has since pivoted to the financial sector, focusing on buying, selling, holding, and dealing in securities. It has a presence on both the BSE and NSE, and its operations reflect its position within the broader financial services and brokerage industry in India. As of March 2025, the State Bank of India (SBI) holds a 1.66 per cent stake in the company.

On Thursday, shares of Stellant Securities (India) Ltd hit a 2 per cent upper circuit and made a new 52-week high of Rs 279.25 per share from its previous closing of Rs 273.80 per share. The company has a market cap of Rs 20.68 crore and as of March 2025, it is debt-free. The shares of the company have a PE of 16x whereas the industry PE is 37x with an ROE of 82 per cent and an ROCE of 107 per cent. The stock has given multibagger returns of 1,349 per cent from its 52-week low of Rs 19.27 per share and a whopping 4,800 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.