Bonus Share: Multibagger Advait Infratech Declares 1:1 Bonus Issue, Share Zooms 340% In 6 Months

Advait Infratech Ltd. recommended the issue of Bonus Shares In the ratio of 1 Bonus Equity Share against 1 (one) existing Equity Share. Advait Infratech informed the bonus issue on November 14, after announcing its quarterly earnings report. The company's share price zoomed by 18.91% in the last 5 days, closed at Rs. 696/share today.

The company's revenue from operations in Q2 FY23 stood at Rs. 3,706.84 lakh, fell from Rs. 4,276.60 lakh in the last quarter. Additionally, its total income in Q2 FY23 fell to Rs. 3,815.46 lakh, from Rs. 4,355.84 lakh in the earlier quarter.

In the last 1 month, the share of the stock gained by 27.48%. Its stock price gained by 340.51% in the last 6 months, and in the last 1 year this multibagger stock has gained by 677.65%. It is a small-cap stock with a market capitalization of Rs. 354 crore.

The 52-week high level of this stock is Rs. 3,050, and the 52-week low level of this stock is Rs. 1,235.

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