Small Cap Stock Declares Record Date For 1:1 Bonus Issue, Hits New 52-Week High

Small cap company, Kamdhenu Ventures Limited on June 30, 2023 fixed August 1, 2023 as the record date for 1:1 bonus share. The stock delivered 43% return in last 3-years. Last trading price of Kamdhenu Ventures share is Rs 267.55 per share with intraday fall of 5.19% on BSE. Check details below:

Kamdhenu Ventures Limited Sets Record Date For Bonus Share: According to the regulatory filing of the company, "the Company has fixed Tuesday, 1st August, 2023 as the Record Date to determine eligibility of the shareholders entitled for issuance and allotment of bonus equity shares of the Company in the proportion of One fully paid up equity shares of Rs. 5/- each for every One fully paid equity share of Rs.5/- each held (Ratio 1:1) by the equity shareholders of the Company as on the Record Date, subject to approval of shareholders of the Company at the 02/2023-24 Extra-Ordinary General Meeting scheduled to be held on Monday, 24th July, 2023 through Video Conferencing/ Other Audio Visual Means."

Kamdhenu Ventures Stock Outlook & Return: Last trading price of Kamdhenu Ventures share is Rs 267.55 per share with intraday fall of 5.19%. Its 52-week high price is Rs 288.80 per share and 52-week low price is Rs 125.60 per share, respectively. It has a market capitalisation of Rs 841.06 crore. In last 1-week, the stock gave return of 9%, offered 24% return in last 1-month, and 43% return in last 3-months.

Back To Back New 52-Week High: Shares of Kamdhenu Ventures have been trading back-to-back new 52-week high. The stock traded its new 52-week high on June 30. Share Markets remained closed on June 29 on account of Eid al-Adha. Before this, Kamdhenu Ventures touched new 52-week high on June 28 and June 26, 2023.

Kamdhenu Ventures About: It manufactures and sells decorative paint products. It offers exterior and interior emulsions, acrylic distempers, water based and solvent primers, synthetic and GP enamel, wood finishes, aluminum paints, and textured and designer finishes, among others.

Disclaimer: The stock fixed record date for bonus share. 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.