November Bonus Stocks To Buy: 3 Companies Make Bonus Issue Announcement

Three companies have made announcements pertaining to bonus issue. These companies are GPT Infraprojects, BLS International Services Ltd, and Alstone Textiles (India) Ltd. If you buy these stocks now, you will receive bonus shares later this month. Check key takeaways below:

Bonus Stocks To Buy: GPT Infraprojects

The board of GPT Infraprojects recommended bonus shares in the ratio of 1:1 that implies that shareholders will receive 1 bonus share for every 1 share held.

The board of directors of GPT Infraprojects informed BSE, "Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 , We write to inform you that the Company has fixed Saturday the 12°" Day of November, 2022 as the 'Record Date' for the purpose of determining the members, eligible for bonus shares as approved by the shareholders."

The current market price of GPT Infraprojects is Rs 128 apiece with 52-week high at Rs 140 apiece and 52-week low at Rs 66 apiece, respectively. The small cap company has a market capitalisation of Rs 373 crore. The stock has declined 21% in last 5-years. The shares have jumped 193% in last 3-years and 46% in last 1-year. In last 3 months only, the stock has jumped 44%.

The small cap company operates in Construction sector and came into existence in 1980.

2. Bonus Stocks To Buy: BLS International Services Ltd

The board of directors of BLS International stated in the regulatory filing, "The meeting of the Board of Directors of the Company is scheduled on 07/11/2022 ,inter alia, to consider and approve 1. Un-audited Standalone and Consolidated Financial Results of the Company for the Second quarter and half year ended on September 30, 2022, along with Limited Review Report of the Statutory Auditors thereon. 2. To consider the proposal for issue of bonus shares to the equity shareholders of the companey 3. Any other matters."

The current market price of BLS International is Rs 341 apiece and it has a market capitalisation of Rs 7019 crore.

The stock has given a return of 171% in last 5-years, 825% in last 3--years, and 209% in last 1-year. In 3-months, the stock has given a return of 41%. The small cap company operates in Services sector.

3. Bonus Stocks To Buy: Alstone Textiles (India) Ltd

The company has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/11/2022, inter alia, to consider and approve 1. Approval of Sub division of equity shares, 2. Approval of increase in authorized share capital 3. Declaration of bonus issue of equity shares.

The current market price of Alstone Textiles is Rs 175 apiece with market capitalisation at Rs 224 crore. The stock has given a return of 177% in last 3 months and 27% in last 1 week only. The small cap company was incorporated in 1985 and operates in Miscellaneous sector.

 

Disclaimer

The above stocks provide details related to bonus issue. Greynium Information Technologies and the Author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.