Small Cap Multibagger IT Stock Gained 42% In 2-Weeks, To Consider Bonus Share On June 19

Small cap stock operating in the IT sector, Nintec Systems Ltd has delivered high returns to investors. Board of directors of Nintec Systems already announced on June 10 that they will consider bonus issue in the upcoming meeting. Nintec Systems shares gave returns of 51% in last 1-month only. In last 1-year, Nintec Systems stock offered 1797% returns. Check details below:

Nintec Systems To Announce Bonus Share: As per the BSE filing of the company dated June 10, 2023, "Board of Directors of the Company is scheduled on 19/06/2023 ,inter alia, to consider and approve the following business - 1. To consider increase in Authorized capital of the Company; 2. To consider the proposal for issue of Bonus shares to the existing shareholders of the Company; 3. To consider and transit any other business which may be placed before the Board with the permission of the Chairman."

Nintec Systems Stock Performance & Return: Last trading price of Nintec Systems stock is Rs 644.05 per share with intraday gain of 5.00%. The stock hit upper circuit and traded new 52-week high on June 16, June 15, June 14, and June 13. Nintec Systems Ltd has a market capitalisation of Rs 664.66 crore. The 52-week high price of Nintec Systems share is Rs 644.05 per share and 52-week low price of the stock is Rs 37.30 apiece, respectively.

Nintec Systems About: NINtec provides vast range of services, that may include application development and maintenance, strategic offshore software product development, legacy system development and software migration, and search engine optimization. Its skilled teams also excel in areas such as .Net development, game development, PHP development, ERP, wireless, mobile, and WAP development, among others.

Disclaimer: The company is planning to announce bonus share on June 19. Greynium Information Technologies and the author 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.