Multibagger Stock With Over 2200% Return In 5 Yrs Approves 1:5 Stock Split, 20% Dividend

Pharma company Gujarat Themis Biosyn Ltd. approves a 1:5 stock split and 20% dividend in their Board meeting held on 13th May 2023. The stock of the company has given a multibagger return of over 2200% in 5 years. This is a BSE-listed small-cap company having a market capitalisation of Rs. 1,089.22 crore.

Dividend

According to the regulatory filing by the Board of Directors of Gujarat Themis Biosyn Ltd., "Recommended dividend for Financial Year ended 31.03.2023 of Rs.1/- l.e. @ 20% per equity share having face value of Rs.5/- , aggregating to Rs. 1,45,28,702. The payment is subject to the approval of shareholders at the ensuing AGM."

Stock Split

According to the regulatory filing by the Board of Directors of Gujarat Themis Biosyn Ltd., "The Board considered the proposal for sub-division of 1 equity share of the Company having face value of Rs.5/- each info 5 (five) equity shares having face value of Rs.1/- each, subject to regulatory/statutory approvals as may be required and the approval of the shareholders of the Company for the financial year 2023-24."

Stock Outlook

On Monday, the stock closed 0.31% down at Rs. 749.10/share. Its 52 week low is Rs. 376.10/share and 52 week high is Rs. 921.05/share, respectively. It jumped 0.37% in 1 week.

The stock has given 71.46% in the past 1 year. It gave 334.76% positive return in the past 3 years. It gave 2266.82% multibagger return in the past 5 years.

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