3:1 Bonus Share, 1:10 Stock Split Declared: Small Cap Stock Offers 3860% Returns In 3 Years

Board of small cap stock operating in trading sector, Hardwyn India Ltd announced bonus shares and stock split on Wednesday. The company announced bonus shares in the proportion of 3:1 while sub-division of shares in the proportion of 1:10. The stock gave return of 172% in last 1-year and 3860% in last 3-years. Check details pertaining to stock split and bonus issue below:

Hardwyn India Declares Bonus Issue & Stock Split: According to the regulatory filing of the company,

Stock Split: Approval for stock split (sub-division of equity shares) of the Company's 01 (one) equity share of the face value of Rs. 10/- each into 10 (Ten) equity shares of the value of Re 01/- each, subject to the approval of shareholders to be obtained by Postal Ballot and other approvals as may be required. In this respect the record date shall be decided by the board and will be intimated to the exchange.

Bonus Share: Issuance of Bonus issue of equity shares in proportion of 01 (one) equity share of Rs. 01/- each for every 03 (Three) equity shares of Re 01/- each held by the shareholder of the company as on record date' subject to the approval of shareholders by Postal Ballot. In this respect the record date shall be decided by the board and will be intimated to exchange."

Hardwyn India Stock Performance: Current market price of Hardwyn India share on BSE is Rs 356.00 per share with intraday gain of 1.55%. The stock's 52-week high price is Rs 365.00 per share and 52-week low price is Rs 123.26 per share, respectively. The company's market capitalisation is Rs 940.03 crore.

Hardwyn India Return: The stock gave return of 172% in last 1-year, 782% return in last 2-years, 3860% return in last 3-years, and a huge 5294% return in last 5-years.

Hardwyn India About: It is a leading manufacturer of architectural hardware and glass fittings, providing complete solutions for both residential as well as commercial structures since the past 5 decades. It has made its presence felt internationally primarily because of its unending endeavor to create a Global Supply Chain and trusted distribution footprint, according to its official website.

Disclaimer: The stock announced bonus share and stock split. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.