Small Cap Stock Approved Bonus, Stock Split, Gave Over 400% Return Within 1 Yr, Details Inside
Veerkrupa Jewellers Ltd, a small cap stock operating in the Jewellery business, in its Board meeting held approved the Bonus Issue and Stock Split for the Financial Year ending March 31, 2023. It has a market capitalisation of Rs 101.71 crore. Here are the details of the stock:
Veerkrupa Jewellers Ltd - Stock Performance
The Veerkrupa Jewellers stock's current market price is Rs 129.35 apiece on BSE. The stock recorded its 52 week high on 8 February 2023 at Rs 136.15 apiece, and 52 week low on 19 July 2022 at Rs 24.40 apiece, respectively.
The stock has given 9.62% in 1 week and 29.67% in 1 month. Whereas, in 3 months it gave a multibagger return of 105.82%. The stock was listed on 18 July 2022. It gave 404.29% multibagger return since its listing date.
Veerkrupa Jewellers Ltd - Bonus & Stock Split
According to the regulatory filing by the Board of Directors of Veerkrupa Jewellers Ltd, on 9 February 2023, "Board has considered and approved issue of Bonus Shares in the ratio of 2 bonus shares for every 3 existing shares to the shareholders and has also approved Split of nominal value of 1 (one) equity share of Rs. 10/- (Rupees Ten) each into 10 (Ten) equity shares of Rs. 1/- (Rupees One) each subject to necessary permissions and approvals. In-details will be shared shortly."
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