2:9 Bonus Share: Small Cap Multibagger Chemicals Stock Finalises Record Date

Small cap stock operating in Chemicals sector, Sadhana Nitro Chem Ltd on Tuesday fixed June 27, 2023 as the record date for 2:9 bonus share. Last trading price of Sadhana Nitro Chem share is Rs 133.95 per share with marginal dip of 0.33% intraday on BSE. Sadhana Nitro Chem stock delivered 272% return to investors in last 2-years. Check details below:

Sadhana Nitro Chem Sets Record Date For Bonus Share: According to the BSE filing of the company, "We wish to inform that the Board of Directors of the Company have fixed Tuesday, June 27, 2023 as the Record date for the purpose of determining the eligibility of Member's for allotment of bonus equity shares in the proportion of 2 (two) bonus equity share of Re. 1/- each for every existing 9 (nine) equity shares of Re. 1/- each, subject to the approval of shareholders of the company by postal ballot."

Sadhana Nitro Chem Stock Performance & Return: Last trading price of Sadhana Nitro Chem share is Rs 133.95 apiece. Its 52-week high price is Rs 174.45 per share and 52-week low price is Rs 102.00 per share, respectively. Its market capitalisation is Rs 2,707.65 crore. The stock gave return of 14% in last 1-year and 703% return in last 3-years. In last 10 years, Sadhana Nitro share delivered 36955.56% return when Sensex jumped 235%.

Sadhana Nitro Chem Financial Performance: Its EBITDA reported at Rs. 10.03 crore in March 2023, up 122.39% as compared to Rs. 4.51 crore announced in March 2022. The company's quarterly Net Profit declared at Rs. 1.77 crore in March 2023, up 176.56% from Rs. 0.64 crore declared in March 2022. Net Sales announced at Rs 48.16 crore in March 2023, up 20.94% from Rs. 39.82 crore announced in March 2022.

Sadhana Nitro Chem About: Presently, SNCL manufactures downstream derivatives of Nitrobenzene and other intermediates for various applications in aerospace, pharma and agro, optical brightening agents, plastic additives, special fibres, epoxy resin hardeners, dyes and performance chemicals. SNCL provides service to its European clientele through its 100% subsidiary Anuchem b.v.b.a. in Antwerp, Belgium, according to its official website.