Buy 3 Multibagger Stocks Today, Trading At Discount Up To 72%, To Receive Bonus Shares This Week

Three multibagger stocks are all set to turn ex-dividend this week. These stocks are AAA Technologies, G. K. P. Printing & Packaging Ltd, and Bharat Electronics Ltd. Earlier, the board of directors of the company announced bonus shares.

What is bonus share?
These are additional shares given to the existing shareholders without any extra cost, on the basis of the number of shares that a shareholder holds. Bonus shares are company's accumulated earnings which are not given out in the form of dividends, but are converted into bonus shares of free shares. Check key takeaways below:

GKP Printing & Packaging Ltd

In continuation to our intimation on outcome of Board meeting held on 01st Aug, 2022 pertaining to the recommendation of issue of Bonus Equity Shares in the Ratio of One (1) new fully paid up Bonus Equity Shares of Rs.10/- each for every one (2) existing fully paid Equity share of Rs. 1O/- each and subsequent to the approval of the shareholder of the Company at the duly held & convened Annual General Meeting on 05th Sept ,2O22, the Company has fixed Monday, 19th Sept, 2022 as the 'Record Date" to determine the eligible shareholders entitled to receive the Bonus Shares.

The record date for the bonus share is fixed at September 19, 2022. You should buy the stock prior to that in order to become eligible to receive bonus shares. The stock will go ex-bonus on September 16, 2022.

G. K. P. Printing & Packaging Ltd Stock Outlook

The current market price of the stock is Rs 85.90 apiece with a 52-week high of Rs 310 apiece and 52-week low at Rs 38.60 apiece, respectively. The company has a market capitalization of Rs 125.98 crore, at the time of writing the report. The stock is current trading at a discount of 72% from its highs.

G. K. P. Printing & Packaging Ltd 5 Years Return

The stock has given a return of 390% in 5 years and 421% in last 3 years. The small cap company operates in packaging sector.

AAA Technologies

The board of directors of the company stated in its regulatory filing, "Pursuant to Regulation 42 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, this is to inform you that Wednesday, 14th September 2022 has been fixed as the record date for the purpose of determining the names of the members entitled for issue of Bonus Shares of the company."

Therefore, the record date for the bonus issue is just 2 days away that is September 14, 2022. The stock will go ex-bonus on September 13, 2022

AAA Technologies Stock Outlook

The current market price of the stock on NSE is 132 apiece with a decline of 2.15% intraday. The stock's 52-week high is Rs 146 apiece and 52-week low is Rs 44.50 apiece, respectively. The stock has fallen 10% from its highs.

AAA Technologies Return

The stock has given a return of 175% in last 1 year. The company has a market capitalization of Rs 112.96 crore. AAA Technologies is a Premier Independent Auditing and Consulting Company in the area of IS Audit, Information Security, IT Assurance & compliance, IT Governance and rendering these services since the year 2000.

Bharat Electronics Ltd

Pursuant to Regulation 42 of SEBI (LODR) Regulations, 2015, we wish to inform you that the Company has fixed Friday, the 16th September, 2022 as the Record Date to determine the eligible Shareholders to receive bonus shares as approved in the 68th Annual General Meeting (AGM) of the Company held on 30th August, 2022."

The record date for bonus issue is September 16, 2022. The stock will trade ex-bonus on September 15, 2022

Bharat Electronics Ltd Stock Outlook

The current market price of the stock is Rs 334 apiece with a gain of 1.97% intraday. The stock's 52-week high is quoted at Rs 335 apiece and 52-week low is quoted at Rs 183 apiece, respectively. The company has a market capitalization of Rs 81,577 crore at the time of writing the story. The stock has touched its new 52-week high today as it has touched the day's high of 336 intraday.

Bharat Electronics Ltd 5 Years Return

The stock has given a return of 86% in last 5 years, 210% in last 3 years, and 70% in last 1 year. The large cap company operates in Defence sector.

 

Disclaimer

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