Small Cap Stock Declares Record Date To Reward 6 Bonus Shares, Multibagger Return In 30-Days

Small cap company Kesar India shares hit 5% upper circuit soon after it fixed March 19, 2024 as the record date for 6:1 bonus shares. Last trading price of Kesar India shares on BSE is Rs 4114.15 apiece with intraday surge of 5.00%. Kesar India shares offered return of 1813% in last 6-months. The company has a market capitalisation of Rs 1452.46 crore. Board of Directors of Kesar India on February 14, 2024 recommended 6:1 bonus Issue. Check details below:

Kesar India Sets Record Date To Offer 6 Bonus Shares: Kesar India in its BSE filing dated March 4, 2024 stated, "the Company has fixed Tuesday, March 19, 2024 as the Record Date, for the purpose of ascertaining the eligibility of shareholders entitled for issuance of Bonus Equity Shares in the proportion of 6 (Six) Equity Shares of Rs. 10/- each for every 1 (One) existing Equity Share of Rs. 10/- each, subject to the approval of shareholders which is being obtained through Extra-Ordinary General Meeting."

Kesar India Shares Performance & Return: The 52-week high price of Kesar India shares on BSE is Rs 4114.15 apiece and 52-week low price is Rs 100.40 apiece, respectively. Kesar India stock witnessed sharp rally in last 1-month with return of 140%. Kesar India shares have been hitting upper circuits and 52-week high for the last few days. Kesar India shares zoomed 301% year-to-date, soared 170% in last 3-months, and surged 3165% in last 1-years.

Kesar India About: It is engaged in developing projects on land or selling plotted lands. It is chiefly engaged on development of plot, residential and commercial projects, among others. Its projects include kesar 45, kesar 29, kesar vihar, kesar signature and kesar gateway, etc.

Disclaimer:

The stock 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.