Board Of Multibagger Small Cap Company To Meet This Week For Bonus Issue

Small cap company, Punit Commercials Ltd is scheduled to meet on November 10, 2022 to consider issuance of bonus shares. The company has a market capitalisation of Rs 1.23 crore. The company is engaged in the manufacturing and marketing of diamond products. Check key details below:

1. Punit Commercials Ltd To Consider Issue Of Bonus Share

The board of directors of the small cap company stated in the BSE filing, "With reference to the subject cited, this is to inform the Exchange that a meeting of the Board of Directors of Punit Commercials Limited is scheduled to be held on Thursday, 10.11.2022 at 5:00 PM to consider the allotment of Bonus Equity Shares to the members of the Company whose names appear in the Register of Members as on the Record Date fixed i.e., 09.11.2022."

2. Punit Commercials Ltd Stock Outlook

The last trading price of the stock is Rs 51 apiece with 52-week high at Rs 51 apiece and 52-week low at Rs 20 apiece, respectively.

3. Punit Commercials Ltd Return

The stock has given multibagger returns with 5-years return at 180% and 6- months return at 148%.

4. Punit Commercials Ltd About

The company is listed on the Bombay Stock exchange (BSE) and the National Stock Exchange (NSE). It is a leading diamond manufacturer, importer, and exporter. The company declares its results every quarter and board meeting of the company is held regularly.

Punit Commercials Ltd. is managed by a board of directors with appropriate guidance from the top management. The Board regularly meets to review performance.

Disclaimer

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