30-Days Return 236%: Small Cap Electric Equipment Stock To Approve Bonus Issue Now

Electric equipment sector stock, Evans Electric Ltd has given massive multibagger returns in the last 1-year. The board of directors of the company are all set to consider bonus issue of shares. The small cap company with no threat has a market capitalisation of Rs 44 crore. It is a company with low debt and the stock has registered highest recovery from 52-week low. Check key takeaways:

1. Evans Electric Board To Hold Meeting For Approval Of Bonus Share

The board of directors of the company in the BSE filing dated December 9, 2022 stated, "Meeting of the Board of Directors of the Company is scheduled on 16/12/2022 ,inter alia, to consider and approve issue of Bonus Shares by way of Capitalization of Reserves subject to approval of the shareholders and to consider and approve the fixation of record date for the bonus issue subject to approval of the shareholders."

2. Evans Electric Stock Performance

The last trading price of the stock is Rs 322 apiece with an intraday dip of 4.99%. The stock's 52-week high is quoted at Rs 375 apiece and 52-week low is quoted at Rs 70 apiece.

3. Evans Electric Return

The stock has given 236% return in last 30 days, 226% return in last 90 days, and 325% return in last 1-year. It has soared 488% in last 5-years.

4. Evans Electric About

Incorporated in 1951, Evans Electric Ltd has grown from humble beginnings to developing a brand of its own, with National and International recognition for a list of achievements. In Electro-Mechanical Servicing and Repairs, Evans Electric Ltd stands out as the most Reputed, Experienced, Result Oriented and Consistently performing Company in India, according to its official website.

Disclaimer

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