Good news for people who invested in companies that offer bonus shares! Nidhi Granites Ltd has set the record date for its bonus issue.
If you have shares of this company on May 2, you’ll receive a bonus share for each share you hold with a face value of Rs 10.
This is the first time Nidhi Granites Ltd is giving out bonus shares, as they’ve never given dividends before.
Stock Performance Overview
Recent Surge in Stock Price
Nidhi Granites Ltd’s stock has been on an upward trajectory, hitting the upper circuit on the BSE at Rs 209.90 after a 2 percent rise.
Impressive Growth Trends
Over the last 3 months, the company’s share price has soared by 35 percent, while investors who have held onto their shares for 6 months have seen a remarkable profit of 154 percent, effectively doubling their investment.
Stock Price Range and Market Cap
Throughout the previous 52 weeks, the company’s share price has fluctuated between a high of Rs 227.45 and a low of Rs 58.50 per share. Currently, the company commands a market capitalization of Rs 83.96 crore.
As for the company’s performance in the stock market, its shares recently hit the upper circuit, reaching Rs 209.90 on the BSE after a 2 percent increase.
Over the past 3 months, the share price has gone up by 35 percent, and investors who’ve held onto their shares for 6 months have seen a profit of 154 percent, meaning their investment has more than doubled.
Over the last year, Nidhi Granites Ltd’s shares have surged by 198 percent.
The company’s shares have ranged from a high of Rs 227.45 to a low of Rs 58.50 per share in the past 52 weeks. The company’s market cap stands at Rs 83.96 crore.
