4:1 Bonus Issue, Dividend Announcements: 3 Multibaggers To Give Dividends, Bonus Shares

1. Rama Steel Tubes Approves 4:1 Bonus Issue

The board of directors of the company said in the regulatory filing, "Pursuant to Regulation 30 (read with Part A of Schedule lll) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 as amended, this is to inform that the Board at its meeting held today i.e., l-8th November,2022, has inter-alia, considered and approved the following items subject to shareholder's approval: 1. lssue of 4 (Four) bonus equity shares for every 1 (one) fully paid-up equity share. 2. lncrease in Authorised Share Capital from INR 11",50,00,000 (Eleven Crore Fifty Lakh) to INR 55,00,00,000 (Fifty-Five Crore). 3. Alteration in Capital Clause of Memorandum of Association."

Stock Outlook, Return & Market Capitalisation: The current market price of the stock is Rs 175 apiece with 52-week high at Rs 181 and 52-week low at Rs 42 apiece, respectively. The shares hit new 52-week high in trade today. The company has a market capitalisation of Rs 1,548 crore. The stock has given a return of 1829% in last 3-years, 60% in 3-months, and 33% in 1-month. The stock operates in metals and ferrous sector.

2. Som Distilleries & Breweries Fixes Record Date For Interim Dividend

The board of directors of the company said in the BSE filing, "The Board considered and declared 1st Interim Dividend for the Financial Year 2022-23 at the rate of 5% i.e. Rs.0.25 per share on equity shares having face value of Rs.5 per share, as on the Record date. Further, the Record Date for determining eligibility of shareholders for payment of the said Interim Dividend, as declared by the Board of Directors shall be Friday, December 2, 2022. The dividend shall be paid on or before December 17, 2022 to those members, whose names appear on the Register of Members or in records of Depositories as beneficial owners of the shares as on the closure of business hours of Friday, December 2, 2022, which is the Record Date fixed for the purpose."

Stock Outlook, Return, & Market Capitalisation: The current market price of the stock is Rs 117 apiece with 52-week high at Rs 133 apiece and 52-week low at Rs 34 apiece, respectively. The small cap company has a market capitalisation of Rs 819 crore. The stock has given a return of 202% in last 1-year and 111% in last 3-years. It operates in beverages and alcoholic sector.

3. Vedanta Ltd Sets Record Date For 3rd Interim Dividend

The board of directors of the company said in the BSE filing, "Pursuant to Regulation 29 of Listing Regulations, Notice is hereby given that the Board of Directors of the Company (the 'Board') on Tuesday, November 22, 2022, will consider and approve Third Interim Dividend on equity shares, if any, for the Financial Year 2022-23. Please note that the record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, if declared, is being fixed as Wednesday, November 30, 2022. This is for your information and records."

Stock Outlook, Return & Market Capitalisation: The current market price of the stock is Rs 310 apiece with 52-week high at Rs 440 apiece and 52-week low at Rs 206 apiece, respectively. It has a market capitalisation of Rs 1,15,400 crore. The stock has given a return 116% in last 3-years and 10% in last 1-month only. The large cap company operates in the Diversified sector.

Disclaimer

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