2155% Returns In 3-Yrs: Small Cap Stock Will Trade Ex-Bonus Soon; Check Date, Other Details Here

Shares of small-cap stock M K Exim Ltd operating in the textile sector, traded at a new 52-week high value of Rs 180.00 on Monday (January 15, 2024). In today's trading, the stock saw a spurt in Volume by over 1.55 times. M K Exim shares will remain in focus this week as the stock will trade ex-bonus on January 17. At 1:33 pm IST today, the share price of M K Exim Ltd was down 1.14% at Rs 169 per share. At this price, the company has a market capitalization of Rs 454.80 crore. The company has announced a bonus in the ratio 1:2, with an ex-date of Jan. 17, 2024.

According to Trendlyne data, M K Exim (India) Ltd. has given 2 bonuses since Feb. 8, 2022. The ratio of 1:2 means that 1 bonus equity share has a face value of Rs 10 each for every two existing equity shares having a face value of Rs 10 each.

Ex-Date Bonus Ratio Record Date
17 Jan 2024 1:2 17 Jan 2024
08 Feb 2022 2:1 09 Feb 2022

Earlier, the stock traded at a new 52-week high value of 162 on January 11, 2024. The stock touched Upper Circuit at Rs. 149.50 on January 8 this year.

On Jan 10, 2024, the company fixed January 17, 2024, as the record date for the purpose of bonus Issue of 1 (One) Bonus Equity Share of Rs.10/- each for every 0 2 (Two) existing Equity Shares of Rs.10/- each held.
Earlier, in an exchange filing on Jan 8, the company said that a meeting of the board of directors of M.K. EXIM (INDIA) LIMITED is scheduled to be held on Thursday, 18th January to inter alia, to consider and approve the allotment of Bonus Equity Shares of the Company in the proportion of 1 (One) Equity Share of Rs. 10/- each for every 2(Two) existing Equity Shares of Rs. 10/- each as approved by members on 04.01.2024 by way of postal ballot and remote e-Voting initiated in terms of Postal Ballot Notice dated 24 December 2023.

MK Exim (India) share price performance:
In this year so far shares of MK Exim (India) have gained 33.50%. The stock's last 6 months and three months performance is up 72.49% and 47.67% respectively. The last 1-year, 2-year, and 3-year returns from shares of MK Exim (India) are up 97.01%, 62.80%, and 2085.68% respectively.

About MK Exim (India) Limited:
M.K. Exim (India) Limited is a public limited company, founded in 1992 and is based in Jaipur. In the past 9 years, the company has created its niche in the textile domain, and for the past 2 years. The firm has been focusing on its growth opportunities through diversification & expansion projects. MK Exim is a Government Recognized 'Export House' and is a registered member of the Indian Export Council and the Synthetic & Rayon Textiles Export Promotion Council of India.