Sunday , November 24 2024

The company is giving bonus shares for the second consecutive year, 1 free share on 1 share, dividend also announced | News India


581752 Bonus Stock Zee

Bonus Shares: There is good news for investors. Bombay Matrix Supply Chain has again announced bonus shares. This time the company has announced both dividend and bonus shares. This information was given to the stock market on Saturday.

1 share free on 1 share
In the information given to the stock market on August 17, Bombay Matrix Supply Chain said that 1 share will be given as bonus on one share. The company said that one bonus share will be given on one share with face value of Rs 10. It is worth noting that according to the information available on the exchange, the company will issue bonus shares to eligible investors within 2 months. Earlier, the company has given bonus shares in 2023.

The company is giving dividend
Along with the bonus issue, the company has also announced a dividend. The company said that eligible investors will be given a dividend of Rs 0.45 per share. The company has fixed the record date of August 2024 for this dividend. That is, on this day the name of the investors will be in the record book of the company, they will get the benefit of dividend.

Company performance in the stock market
On Friday, the company's shares saw a huge decline. The company's shares fell more than 5 percent on NSE and closed at Rs 128. In the last one year, the company's share price has seen a decline of more than 30 percent. But investors who bought the stock six months ago have gained 17 percent so far.

The company's 52-week high on NSE is Rs 234.60 and 52-week low is Rs 74. The company's market cap is Rs 78 crore.