Multibagger Stock Excel Realty 1:2 Bonus Issue: Ex-Bonus Date Sept. 28: Check Details

Excel Realty N Infra Ltd. had announced a bonus of 1:2 ratio. Its ex-bonus and record date, both have been fixed to be on September 28. The company informed the stock exchanges that it announces, "Issue of 1 (One) Bonus equity share of face value of Rs. 1 /- (Rupee One Only) for every 2 (Two) fully paid-up equity share of Rs. 1 /- (Rupee One Only)."

Excel Realty - stock performance

The current market price of the company closed at Rs. 9.05, gaining by 4.62%, on September 23 on NSE. In the last 1 month its share price gained by 1.69%, and in the last 6 months its share price gained by 32.12%. Additionally, in the last 1 year its share price gained by 182.81%, making it a multibagger stock.

The 52-week high level of this stock is Rs. 13.30, and the 52-week low level of this stock is Rs. 2.85. This penny stock has a market capitalization of Rs. 85 crore.

Financial results

According to data available with NSE, in Q1 FY23, this company's Total Income stood at Rs. 443.13 lakh, as against Rs. 799.40 lakh in the previous quarter. The company's Profit before tax (PBT) was reported at Rs. 124.68 lakh, as against Rs. -91.56 lakh in Q4 FY22. Additionally, its Net Profit stood at Rs. 100.51 lakh, as against Rs. -99.71 lakh, in the earlier quarter.

Disclaimer

Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, and the author are not liable for any losses caused as a result of decisions based on the article. This article only incorporates the recent stock-related information about the companies.