Maiden Bonus Issue, Stock Split Soon: Stock Below Rs 95 Soars 179% In 3-Months

Board of directors of small cap company Maagh Advertising and Marketing Services Ltd will hold a meeting on December 20, 2023 to consider and approve stock split/sub-division of shares and bonus shares. Last trading price of Maagh Advertising share on BSE is Rs 93.31 per share with intraday gain of 5.00%. Maagh Advertising shares traded upper circuit in trade today. Maagh Advertising shares offered return of 178% in last 3-months and gained 135% in last 1-year. Check details below:

Maagh Advertising To Consider Bonus, Stock Split: According to the BSE filing of the company issued today, "We are pleased to inform you that Meeting of the Board of Directors of Maagh Advertising and Marketing Services Ltd. is scheduled to be held on Wednesday i.e. 20th December to inter alia discuss and approve the following matters:

1. To consider and approved the STOCK SPLIT (SUB-DIVISION) of face Value of Equity Shares of the Company subject to the shareholders' and regulatory approval as required under the applicable Acts and Regulations on the Company.

2. To consider and approve the proposal for issuance of BONUS SHARES subject to approval by the shareholders of the Company."

Maagh Advertising Stock Performance & Return: Last trading price of Maagh Advertising share BSE is Rs 93.31 apiece with intraday gain of 5.00%. Its 52-week high price is Rs 93.31 apiece and 52-week low price is Rs 13.98 apiece, respectively. The company has a market capitalisation of Rs 167.97 crore. Maagh Advertising stock soared 201% year-to-date and offered rally of 135% in last 1-year. In last 2-weeks only, Maagh Advertising shares jumped 48% and gained 76% in last 1-months.

Maagh Advertising About: Maagh Advertising and Marketing Services Private Limited functions as an advertising agency. It creates and executes advertising campaigns across several media that assist business and brands grow. It provides designing, media, and printing services. The company operates in Advertising & Media Agencies industry.

Disclaimer:

The stock just highlights the bonus issue and stock split and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.