15:100 Bonus Issue Approved: Multibagger Small Cap Chemical Stock Hits New 52-Week High

Board of directors of small cap company operating in Chemicals sector, Yug Decor Ltd on August 18 recommended bonus issue in the proportion of 15:100 that implies shareholders will receive 15 bonus shares for every 100 shares held as on the record date. The stock traded new 52-week soon after the announcement of bonus issue. Yug Décor has offered shareholders multibagger returns with 189% return in last 1-year time. Yug Décor shares soared 621% in last 2-years. Check details below:

Yug Décor Recommends Bonus Shares: According to the BSE filing of Yug Décor dated August 18, "lssue of 15 (fifteen) bonus shares for every 100 (hundred) equity shares held by the Equity Shareholders of the company as on the Record date. The bonus issue of equity shares is subject to the approval of the shareholders and other applicable statutory and regulatory approvals, as may be required. The company will intimate the record date for determining eligible shareholders entitled to receive bonus shares, in due course."

Yug Décor Stock Performance & Return: Last trading price of Yug Décor stock is Rs 112.13 apiece with intraday jump of 3.82% as on August 18, 2023. Yug Décor stock's 52-week high price is Rs 115.00 apiece and 52-week low price is Rs 36.75 apiece, respectively. Yug Décor has a market capitalisation of Rs 70.13 crore. Yug Décor shares offered return of 55% in last 1-month, 70% in last 6-months, and 664% return in last 3-years.

Yug Décor About: Yug Decor Limited is a listed company on the BSE- SME index in India since 2017. Yug Decor manufactures all adhesives like Contact Adhesive , PVA Glue , Wood Glue and Shoe Glue. All its adhesives are under the brand name of Yug-Col. The company is based out of India and exports across the world - including Asia, Europe and Africa. It has clients in Bangladesh, Dubai, Saudi Arabia, Ethiopia , Iraq, Mozambique, Nepal, Sri Lanka, Tanzania and Yemen, among others.

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 ay losses. Please consult a professional advisor.