Multibagger Power Stock To Trade 1:1 Ex-Bonus, Doubles Investors Wealth In 12-Months

Leading small cap multibagger stock, KPI Green Energy Ltd is all set to trade ex-bonus on January 18, 2023 for 1:1 bonus issue. Earlier last year on November 30, 2023 the company decided to consider and approve 1:1 bonus issue and later on December 12, 2022 fixed January 18, 2023 as the record date. The stock has already delivered multibagger returns to shareholders with 100% return in last 12 months thus doubling their money. Check details below:

1. KPI Green Energy To Trade Ex-Bonus

Board of directors of the small cap company had said in the BSE filing as on December 12, 2022, "Pursuant to Regulation 42 of Listing Regulations, the Company has fixed Wednesday, January 18, 2023 as the 'Record Date' for the purpose of determining the names of Members who shall be entitled for allotment of bonus equity shares in the ratio of 1: 1 i.e. 1 (One) new fully paid-up equity share of Rs. 10/- each for every 1 (One) fully paid-up equity share of Rs. 10/each held by the existing Members of the Company.

2. KPI Green Energy Stock Performance

The last trading price of the stock is Rs 866.60 apiece on BSE with an intraday gain of 1%. The stock's 52-week high is Rs 975 apiece and 52-week low is Rs 362 apiece, respectively.

3. KPI Green Energy Return

The stock has witnessed a decline of 4% in last 1-week, 6% in last 1-month, and given a return of 100% in last 1-year.

4. About KPI Green Energy

KPI Green Energy Limited (previously known as K.P.I. Global Infrastructure Limited), is the solar vertical of KP Group and a prominent Gujarat based solar power generating company. It came into existence in February, 2008 and operates in Power sector. It is engaged in providing solar power through different Business verticals.

Disclaimer

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