Stock Split, Bonus Issue Jan 2024: Zero Debt Stock To Consider Soon, Up 2253% In 1-Yr

Board of Directors of SG Mart Ltd are scheduled to meet on January 8, 2023 to consider proposal of bonus share and stock split. The Board of SG Mart will also consider unaudited financial results of the company on the same day. SG Mart shares offered shareholders massive return of 2253% in last 1-year. Last trading price of SG Mart share on BSE is Rs 10,097.25 crore. The zero debt burden company has a market capitalisation of Rs 5,631.24 crore. Check details below:

SG Mart To Consider Bonus Share, Stock Split: As per the BSE filing of the company dated January 2, "a meeting of the Board of Directors of the Company will be held on Monday, January 8, 2024, to, inter alia, consider and approve the following items:

(i) unaudited financial results of the Company for the quarter and nine months ended on December 31, 2023;

(ii) the proposal for sub-division/split of Equity Shares of the Company having a face value of Rs. 10/- each in such manner as the Board may determine; and

(iii) the proposal of issuance of Bonus shares to the equity shareholders of the Company."

SG Mart Stock Performance & Return: The 52-week high price of SG Mart share on BSE is Rs 10,097.25 apiece and 52-week low price is Rs 342.95 per share, respectively. SG Mart shares surged 381% in last 6-months, soared 2253% in last 1-year, and offered return of 2125% in last 2-years. In last 3-years, SG Mart shares gained 10,641%.
SG Mart About: SG Mart Limited offers renewable energy generation services. It operates solar and wind energy projects and generates electric power.

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The stock highlights bonus share, stock split 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.