On October 20, 2023, Bhandari Hosiery Exports made a significant announcement regarding its shares.
They plan to issue 1.69 crore new shares, with each priced at Rs 4.50. However, the company has yet to reveal the record date for this offering.
Stock Performance Update
Over the past six months, Bhandari Hosiery Exports has experienced a notable 37% increase in share prices.
For investors who’ve held the stock for a year, there’s been a 19% profit. Nevertheless, the last month saw a 4.69% dip in share prices, giving investors some pause.
Market Range and Cap
Bhandari Hosiery Exports’ shares have ranged from Rs 3.53 to Rs 8.01 over the past year. Currently, the company holds a market capitalization of Rs 102.47 crore.