1:1 Bonus Issue: Penny Stock To Trade Ex-Bonus In 3-Days, Hits 10% Upper Circuit For 5th Day

Small cap company Integra Essentia Ltd shares today hit 10% upper circuit yet again as record date for bonus share is approaching fast. Integra Essentia shares will trade ex-bonus on January 11, 2024. Earlier, the company declared January 11, 2024 as the record date for bonus share in the proportion of 1:1. Integra Essentia shares witnessed sharp rally of 59% in last 1-week only and gained 86% in last 2-weeks span. Check details below:

Integra Essentia To Trade Ex-Bonus In Just 3-Days: The company on December 30, 2023 declared January 11, 2024 as the record date for 1:1 bonus share. The board of directors of the company earlier last year approved and recommended bonus share in the ratio of 1:1 on November 27, 2023, as per the BSE filing.

Integra Essentia Stock Outlook & Return: Its 52-week high price is quoted at Rs 12.50 per share and 52-week low price is quoted at Rs 5.10 per share, respectively. Integra Essentia shares offered return of 94% in last 1-month, soared 81% in last 1-year, and offered return of 712% in last 2-years only. In last 3-years, Integra Essentia stock offered return of 2773% in last 3-years. In last 5-years, Integra Essentia shares surged 1223%.

Integra Essentia Financial Results: The company declared its revenue from operations for the quarter ended September 30, 2023 surged by 17.11% from Rs. 5712.55 lakhs to Rs 6689.71 lakhs. It announced its PAT soared 248.71% from Rs 215.88 lakhs in Q2 FY 23 to Rs 752.79 Lakhs in Q2 FY24. The company's PAT margins surged from 3.63% in Q2 FY23 to 10.07% in Q2 FY24 by 644 bps. Its EBITDA soared 420.98% from Rs 211.11 lakhs in Q2 FY23 to Rs 1099.84 lakhs in Q2 FY24.

About: IEL is a company engaged in business of Life Essentials i.e. Food (Agro Products), Clothing (Textiles and Garments), Infrastructure (Materials and Services for Construction and Infrastructure Development) and Energy (Materials, Products and Services for the Renewable Energy Equipment and Projects) and many more Products and Services required to sustain the modern life.

Disclaimer:

The stock just highlights the bonus share and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.