1:2 Bonus Share: Textile Stock Issues Record Date, Jumps 1597% In 3-Yrs

Small cap company operating in textile sector MK Exim (India) Limited shares witnessed a decline of 1.27% intraday to close at Rs 124.60 per share. The company today fixed January 17, 2024 as the record date for bonus share in the proportion of 1:2 implying shareholders will become eligible to get 1 bonus share for every 2 shares held. MK Exim shares offered return of 44% in last 1-year and soared 5,388% in last 5-years. Check details below:

MK Exim Stock Performance & Return: The 52-week high price of MK Exim share on BSE is Rs 134.70 apiece and 52-week low price is Rs 72.50 apiece, respectively. The company has a market capitalisation of Rs 335.32 crore. MK Exim shares gained 32% in last 6-months, soared 44% in last 1-year, and offered gain of 1597% in last 3-years.

MK Exim Sets Record Date For Bonus Share: As per the regulatory filing of the company issued today, "This is to inform you that pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015, the Company has fixed Wednesday, 17 January, 2024 as the "RECORD DATE", for the purpose of ascertaining the eligibility of shareholders entitled for issue of Bonus Equity Shares of the Company in the ratio of 1:2, i.e. 1 (One) Equity Share of Re 10/- each for every 2 (Two) Equity Shares of Re. 10/- each, which was recommended by the Board of Directors of the Company vide its meeting held on Saturday, 02"4 December, 2023 and for which approval of the shareholders have already been obtained through postal ballot on Thursday, 04th January, 2024."

MK Exim Recent Quarterly Results: The small cap textile firm declared its net sales at Rs 26.54 crore for September 2023 period, up 3.09% as against Rs 25.75 crore in September 2022. Its quarterly net profit announced at Rs 4.14 crore for September 2023, down 0.53% as against Rs 4.17 crore in the similar quarter of last year. The company's EBITDA stood at Rs 5.77 crore in September 2023, up 1.05% from Rs 5.71 crore declared in September 2022. Its EPS (earning per share) declined to Rs 1.54 in September 2023 from Rs 1.55 in September 2022.

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