Bonus Stocks In Sept 2023: Top 5 Pvt, PSU Stocks Set To Offer Bonus Share Soon

Five leading companies will soon reward their shareholders with bonus share in September. These companies are Lancer Container Lines, Sarveshwar Foods, Power Grid, Sunrise Efficient, and JTL Industries. Most of the stocks offered shareholders multibagger returns in in last few years only. Lancer Container shares soared 2532% in just last 3-years and JTL Industries stock surged 1470% in last 3-years. Here are the bonus stocks below:

Name of Company	Bonus Ratio	Ex-Bonus Date
Lancer Container Lines	02:01	September 22, 2023
Power Grid	01:03	September 12, 2023
Sarveshwar Foods	02:01	September 15, 2023
Sunrise Efficient	01:01	September 8, 2023
JTL Industries Ltd	01:01	September 7, 2023

1. Lancer Container Lines: It announced bonus share in the proportion of 2:1 with ex-bonus date fixed at September 22, 2023. Last trading price of Lancer Container share is Rs 259.85 per share with intraday rally of 1.58%. Its 52-week high price is Rs 261.50 per share and 52-week low price is Rs 120.90 apiece, respectively. The small cap company has a market capitalisation of Rs 1640.80 crore. In last 3-months, Lancer Container share soared 84%, gained 97% in last 1-year, surged 476% in last 2-years, and offered a massive 2532% return in last 3-years. The small cap company operates in logistics sector.

2. Power Grid Corporation: The PSU power sector company announced 1:3 bonus issue and ex-bonus date is September 12, 2023. Last trading price of Power Grid Corporation share is Rs 252.10 per share with intraday gain of 3.07%. The stock's 52-week high price is Rs 266.85 apiece and 52-week low price is Rs 186.35 apiece, respectively. The company has a market capitalisation of Rs 1,75,851.17 crore. Power Grid Corporation shares rallied 15% in last 6-months, gained 11% in last 1-year, soared 44% in last 2-years, and witnessed a rally of 86% in last 3-years.

3. Sarveshwar Foods: The company declared bonus issue in the proportion of 2:1 and it will go ex-bonus on September 15, 2023. The small cap FMCG stock's last trading price is Rs 132.10 apiece with intraday fall of 0.68%. Its 52-week high price is Rs 142.00 apiece and 52-week low price is Rs 62.60 apiece, respectively. Its market capitalisation is Rs 404.19 crore. Sarveshwar Foods shares soared 76% in last 3-months, gained 60% in last 6-months, and offered 49% return YTD.

4. Sunrise Efficient: It will go ex-bonus on September 8, 2023 in the proportion of 1:1. Last trading price of Sunrise Efficient share is Rs 227.85 apiece with intraday gain of 0.71%. Its 52-week high price is Rs 310.00 apiece and 52-week low price is Rs 109.00 apiece, respectively. It has a market capitalisation of Rs 113.93 crore. Sunrise Efficient shares 83% in last 1-year and declined 13% in last 3-months.

5. JTL Industries Ltd: The metal and ferrous sector company on August 21 fixed September 7, 2023 as the record date for bonus share in the proportion of 1:1. Last trading price of JTL Industries share is Rs 417.55 per share with intraday gain of 2.43% as on September 1, 2023. The small cap company has a market capitalisation of Rs 3526.51 crore. JTL Industries shares soared 106% in last 1-year, gained 170% in last 2-years, and surged 1470% in last 3-years. In last 5-year, JTL Industries stock soared 1368% in last 5-years.

Disclaimer

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