1:1 Bonus Issue: Diversified Co Approves Allotment Of Bonus Shares, Shares Up 209% In 2-Yrs

Small cap company operating in diversified sector, Grauer & Weil (India) Ltd has approved the allotment of 22,67,05,750 (Twenty Two Crore Sixty Seven Lacs Five Thousand Seven Hundred and Fifty) Equity Shares of Re. 1/- (One) each as fully paid up Bonus Shares, in ratio 1:1 i.e. 1 (One) new Equity Share of Re. 1/- (One) each for every 1 (One) existing Equity Share of Re. 1/- (One) each to the eligible Members, whose name appeared in the Register of Members / list of Beneficial Owners as on Wednesday, 10" April, 2024, i.e. the Record Date fixed for the purpose.

Last trading price of Grauer & Weil share on BSE is Rs 94.00 per share with intraday fall of 2.64%. Grauer & Weil shares offered return of 209% in last 2-years and 54% in last 6-months. More details below:

Grauer & Weil Share Performance & Return: The 52-week high price of Grauer & Weil share on BSE is Rs 105.75 per share and 52-week low price is Rs 51.43 apiece, respectively. The company's market capitalisation is Rs 4,262.07 crore. Grauer & Weil shares declined 4.71% in last 1-week, soared 40% year-to-date, zoomed 65% in last 1-year, and offered shareholders return of 361% in last 3-years. In last 10-years, Grauer & Weil shares gave eye-popping returns of 2765%.

Grauer Financials: Grauer & Weil for the quarter ended December 31, 2023 announced a surge of 24.13% in its net profit to Rs 42.75 crore as against Rs 34.44 crore in the similar quarter of last year. Its net sales for the December 2023 quarter declared at Rs 285.03 crore, up 13.61% from Rs 250.89 crore in December 2022. The company's EBITDA surged 22.19% to Rs 63.92 crore, up 22.19% as against Rs 52.31 crore in December 2022. EPS of the company surged to Rs 1.89 for December 2023 quarter from Rs 1.52 in December 2022.

About: Grauer & Weil (India) Ltd. or Growel is a formidable player in the field of Electroplating & Specialty Chemicals and Engineering equipment. It has over 66 years of experience as a manufacturer of Chain Oil, Coolant Oil, Wire Drawing Oil, Gear Oil, Hydraulic Oil and many other products. Growel steppe d into real estate development in 2005 and has developed a 475000 square feet Shopping Centre in the Western Suburbs of Mumbai, according to its official website.

Disclaimer: The stock highlights the bonus issue 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.