Bonus Issue, Sept 4: Small Cap Consumer Durables Stock Likely to Declare Bonus Share

Board of small cap stock operating in consumer durables sector, Maruti Interior Products are scheduled to hold a meeting today and make bonus share announcement. Last trading price of Maruti Interior share is Rs 201.00 per share with intraday rally of 0.75%. Maruti Interior stock offered shareholders return of 24% in last 1-week only and surged 36% in last 3-months. It has been offering positive returns since the last 1-year. Check details below:

Maruti Interior May Announce Bonus Share Today: According to the BSE filing of Maruti Interior dated August 29, 2023, "With reference to captioned subject it is hereby informed that The Meeting of the Board of Directors of the company is schedule to be held on Monday, the 4th day of September, 2023 at the registered office of the company to transact the following business:

1. Approval of Board's Report, annexure to Board's Report thereon for the year ended 31st March, 2023;

2. To approve draft notice convening 26th AGM and to fix the date, time and place of the same;

3. To fix the date of Book Closure for share transfer and register of members;

4. To consider the proposal to issue bonus share to equity shareholders of the Company;

5. To revise the remuneration of Directors,

6. Increase in authorized share capital

7. To appoint CS Sandip Nadiyapara , Practicing Company Secretaries as the scrutinizer to scrutinize the voting process in a fair and transparent manner in connection with 26th Annual General Meeting

Maruti Interior Stock Performance & Return: Current market price of Maruti Interior share is Rs 201.00 per share. The stock hit new 52-week high on August 31 and hit upper circuit on August 30. It also witnessed spurt in volume by 5.07 times on August 30. Its 52-week high price is Rs 218.95 per share and 52-week low price is Rs 131.30 apiece, respectively. It has a market capitalisation of Rs 151.76 crore. Maruti Interior shares witnessed a rally of 22% in last 2-weeks, gained 26% in last 1-month, 26% return YTD, and offered 26% return in last 1-year.

Maruti Interior About: Incepted in the year 2000 at Rajkot (Gujarat, India), Maruti Interior Products is the manufacturer and exporter of durable range of solid base vertical storage, solid base corner storage, solid base drawer pull outs, kitchen cabinets and wire base midway storage etc, according to its official website.

Disclaimer

The stock just highlights the bonus issue and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for ay losses. Please consult a professional advisor.