24:100 Bonus Shares: Small Cap Stock Gives Approval, Delivers 546% Return In 1-Year

Small cap stock, operating in Tourism & Hospitality sector, Growington Ventures India Ltd approved bonus shares in the ratio of 24:100. It implied that shareholders will get 24 bonus shares for every 100 shares held.

The company has a market capitalisation of Rs 111.28 crore. The stock gave whopping return of 546% return in last 1-year. It hit its new 52-week high in trade today. Check details below:

1. Growington Ventures India Approves Bonus Issue

The company's BSE filing stated, "Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015, this is to submit that the Board of Directors of the Company in its meeting held on today, Friday, February 17, 2023 has, interalia, considered and approved, "Issuance of fully paid -up Bonus Shares in the ratio of Twenty Four (24) Fully paid - up share for every Hundred (100) fully paid -up shares held, subject to shareholder's approval.

2. Growington Ventures India Stock Performance & Return

Stock Performance: The last trading price of the stock is Rs 86.80 apiece with an intraday gain of 8.16% on BSE. The stock hit its new 52-week high in trade today. Earlier, it hit its new 52-week high on Feb 20, and Feb 17, 2023. The stock's 52-week high is Rs 89.60 apiece and 52-week low is Rs 11.24 apiece, respectively.

Return: The stock rallied 19% in last 3-months, 48% in last 6-months, 546% in last 1-year, and 193% in last 3-years.

3. Growington Ventures India About

Growington Ventures India offers travel and tourism services. It provides air tickets booking, tour packages, hotels and resort booking, car rental services, visas, event management, and wedding planning services. It serves customers in India.

Disclaimer

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