Stock Under Rs 50: Bonus Issue Record Date Revised, Shares Spurt 114% In 30 Days

Small cap company Globe Commercials operating in trading sector has revised record date for bonus issue on December 12, 2022. The company has fixed new record date now which is January 7, 2023. The stock has given multibagger returns to investors with 3-months return at 340%. The company has a market capitalisation of Rs 14.34 crore. Check key details below:

1. Board Of Globe Commercials Sets New Record Date For Bonus Issue

The board of directors of the company said in the BSE filing today, "With reference to the subject cited above, we wish to inform you that the record date fixed for the bonus issue has been revised from 22.12.2022 to 07.01.2023. We request you to please take it on record for the Bonus Issue."

2. Globe Commercials Stock Performance

The last trading price of the stock is Rs 47 apiece with an intraday decline of 4.97%. The stock hit lower circuit in trade today at Rs 47.80 apiece. The stock's 52-week high is Rs 50 apiece and 52-week low is Rs 9 apiece, respectively.

3. Globe Commercials Return

The stock has surged 114% in last 1-month, 340% in last 3-months, and 95% in last 1-year. In last 1-week only, the stock has rallied 15%.

4. Globe Commercials About

The small cap company came into existence in 1985. It operates in trading sector. Globe Commercials Limited is engaged in offering commodity trading services. It concentrates on buying and selling of sanitary wares, cottons, oils, rubbers, grains, seeds, vegetable products, and other commodities, as well as offers financing, management consultancy, and real estate services. among others.

Disclaimer

The stock gives details about bonus issue record date. 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.