Bonus Share: Small-Cap Stock Gains 53% In 1 Week On Bonus Issue Proposal

SecMark is a young company managed by industry experts who hold multiple professional qualifications and have an experience of working with regulators, exchanges, depositories and leading financial institutions. More than 200 financial institutions have availed these services so far.

The company has a market capitalization of Rs 85.87 crore. The stock of the SecMark Consultancy Ltd is in news these days. Check below for more detail:

SecMark Consultancy Ltd To Consider Bonus Share Issue

The board of directors of Secmark informed BSE on August 18, "The Board of Directors is scheduled to be held on Tuesday, August 23, 2022, inter alia, to transact the following business: 1. To recommend and approve issue of Bonus shares to the equity shareholders of the Company; 2. To approve the proposal of Migration of Company from SME platform of BSE Limited to Main Board of BSE Limited as well as listing on the Main Board of National Stock Exchange of India Limited; 3. Any other business with the permission of the Chair."

SecMark Consultancy Ltd Stock Outlook

The current market price of the stock is Rs 207 apiece. The stock has gained 9.99% so far in trading today. The stock has gained 53% in just 1 week.

SecMark Consultancy Ltd Return

The stock has given 72% return in 1 year, 23% return in 3 months, 38% return in 1 month, and 53% return in just 1 week.

SecMark Consultancy Ltd Locked In Upper Circuit

The stock was locked in 20% Upper Circuit on Friday, August 19, 2022 and registered a fresh 52-week high soon after the company announced bonus issue proposal.

SecMark Consultancy Ltd 52 Week High/Low

The stock has touched a 52-week high of Rs 207 apiece and 52-week low of Rs 97 apiece, respectively.

SecMark Consultancy Ltd Market Capitalization

The small-cap company has a market capitalization of Rs 85.87 crore at the time of writing the story.

SecMark Consultancy Ltd Clients

The clients of SecMark Consultancy Ltd include MNCs, Large PSUs and leading private players in financial markets, according to information available from the official website.

SecMark Consultancy Ltd About

The company is headed by Jignesh Mehta, CEO and MD, Sagar Thanki, CFO and ED, and Sunil Basu, Associate Director, CS, and Compliance Officer, according to information available at the official website.