Small Cap Multibagger Stock Recommends 1:1 Bonus Shares, Stock Zoom 138% In 1 Year

Abhished Integration Ltd. on Jun 15, 2023, in a Board meeting approved and recommended Bonus Shares in the ratio of 1:1 i.e. 1 (One) Bonus Shares for every 1 (One) Equity Shares held by the Equity Shareholders of the Company as on 'Record Date'. The company has not announced the 'Record Date'. The record date shall be initiated in due course of time.

This is a small-cap company that operates the business of developing, maintaining & operating Airports and allied businesses. It has a market capitalisation of Rs. 1645.39 crore.

According to an exchange filing by the Board of Directors of Abhishek Integrations Ltd., "Approved and Recommended the Issue of 1 (One) Bonus Shares for every 1 (One) Equity Shares held by the Equity Shareholders of the Company as on 'Record Date'. The Bonus Issue of Equity Shares is subject to the approval of the shareholders and other applicable statutory and regulatory approvals, as may be required. The Company shall intimate the 'Record Date' in due course of time for determining eligible Shareholders entitled to receive bonus shares, in compliance with regulatory requirements."

Stock Overview

The current market price (CMP) of stock is Rs. 54.65 apiece. Its 52-week high is Rs. 59.90 apiece and 52 week-low is Rs. 22 apiece.

It has given 9.85% positive return in 1 week, It gave 17.65% positive return in the past 1 month and 38.53% positive return in the past 3 months, respectively. It has given 138% multibagger return in the past 1 year. Since its listing date on NSE, the stock jumped 43.82%. It was listed on Jun 21, 2023.

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