Rs 15/Share Dividend: Multibagger Industrial Products Stock To Consider Bonus Share On March 20

Small cap company The Anup Engineering Ltd on March 16 announced about its upcoming meeting of Board scheduled to be held on March 20, 2024 to consider bonus share. The company announced its plans to acquire 100% equity shares of Mabel Engineering Private Limited. The Anup Engineering Ltd share declined 1.32% in last 3-months, soared 172% in last 1-year. Check details below:

The Anup Engineering Ltd To Consider Bonus Share: As per the regulatory filing dated March 16, 2024, "a meeting of the Board of Directors of the Company is scheduled to be held at on Wednesday, 20th March 2024, inter-alia, to consider the proposal for issue of Bonus Shares to the equity shareholders of the Company."

The Anup Engineering Ltd To Acquire 100% Stake Mabel: As per the exchange filing of the company, "With reference to the captioned subject, we would like to inform you that the Company has entered into definitive share purchase agreement at 11:00 PM on 15th March 2024 to acquire 100% equity shares of Mabel Engineering Private Limited. ("Mabel")"

The Anup Engineering Shares Performance & Return: The last trading price of The Anup Engineering shares on BSE is Rs 2708.05 apiece. The 52-week high price of The Anup Engineering share on BSE is Rs 3168.00 apiece and 52-week low price is Rs 952.00 apiece, respectively. The company has a market capitalisation of Rs 2684.80 crore. The Anup Engineering shares 3% in last 1-week, gained 218% in last 2-years, and offered return of 326% in last 3-years. The Anup Engineering stock gained 322% in last 5-years.

The Anup Engineering Ltd Dividend Share History: The Anup Engineering Ltd. announced 5 dividends since July 30, 2019. In last 12 months, it announced an equity dividend amounting to Rs 15.00 per share. At the current share price of Rs 2708.05, The Anup Engineering offers dividend yield of 0.55%.

The Anup Engineering Financials: The company for the quarter ended December 30, 2023 declared its net sales at Rs 128.40 crore, up 12.22% as against Rs 114.442 crore in the corresponding quarter of last year. Its quarterly net profit for December 2023 declared at Rs 20.17 crore, up 37.46% from Rs 14.67 crore in December 2022. EBITDA of the company stood at Rs 32.64 crore for December 2023, up 36.86% as against Rs 23.85 crore in December 2022. The EPS soared to Rs 20.35 in December 2023 from Rs 14.84 in December 2022.

Disclaimer: The stock highlights the bonus share 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.