This Multibagger Chemical Company's Share Rallies 56% In 1 Month, Issues 1:1 Bonus Share

Pondy Oxides and Chemicals Ltd. announced issuing bonus stock of a 1:1 ratio, shareholders will avail of the bonus this week. The ex-bonus date has been fixed to be on September 28, 2022, and the record date for the bonus has been fixed to be on September 29, 2022.

Earlier, the company offered Rs. 5 dividends per share, its ex-dividend date was September 13, 2022.

Pondy Oxides and Chemicals Ltd. - stock performance

The current market price of Pondy Oxides closed at Rs. 1,178.75, gaining by 0.80%, on September 23 on BSE. In the last 1 month its share price gained by 56.09%, in the last 6 months its share price gained by 70.57%. Additionally, amid a bearish market trend, in the last 1 year its share price gained by 184.55%, making it a multibagger stock.

The 52-week high level of this stock is Rs. 1,368.80, and the 52-week low level of this stock is Rs. 404.25. This small-cap stock has a market capitalization of Rs. 685 crore.

Financial results

According to data available with BSE, in Q1 FY23, this company's Revenue stood at Rs. 364.01 crore, as against Rs. 397.06 crore in the previous quarter. The company's total income was reported at Rs. 365.43 crore, as against Rs. 399.92 crore in Q4 FY22. Additionally, its Net Profit stood at Rs. 11.60 crore, as against Rs. 10.53 crore, in the earlier quarter.

Disclaimer

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