Latest Bonus Issue: Small Cap Metal Stock Hits New 52-Week High, 3 Years Return 891%

Boar of Metal & Ferrous sector stock, Vardhman Special Steels Ltd scheduled a meeting to consider and approve proposal for issuance of bonus shares. The stock gave return of 891% in last 3-years. The shares of the company traded new 52-week high today on BSE. Check details below:

Vardhman Special Steels To Meet Soon To Consider & Approve Bonus Issue: According to the regulatory filing of the company, "We wish to inform you that a meeting of the Board of Directors of the Company has been scheduled to be held on Wednesday, 12th April, 2023, inter alia to consider and approve the proposal for issuance of Bonus Shares to the equity shareholders of the Company."

Vardhman Special Steels Stock Performance: The last trading price of the stock is Rs 418.55 apiece with intraday gain of 5.59% on BSE. The stock's 52-week high price is Rs 423.45 apiece and 52-week low price is Rs 201.10 apiece, respectively. The company has a market capitalisation of Rs 1,700.46 crore.

Vardhman Special Steels Return: It gave return of 72% in last 6-months, 72% return in last 1-year, 207% return in last 2-years, and 891% return in last 3-years. The stock rallied 172% in last 5-years.

Vardhman Special Steels About: Vardhman Special Steels Limited caters to diverse requirements of hot rolled bars for Engineering, Automotive, Tractor, Bearing and Allied Industries. The company, for more than 40 years, has emphasized on total customer focus in all operational areas, monitoring and nurturing relationships with all clients and business associates. The company has an extensive list of clientele, including various globally renowned corporations, such as Toyota, Hero Moto Corp, Caterpillar, Hino Motors, Bosch are some of the prominent names from the list, according to its official website.

Disclaimer: The board of directors of the company will soon meet to consider and approve issuance of bonus share. has been picked from the brokerage report of ICICI Direct. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.