look news india
Sattva Sukun Lifecare Limited: Shares of Satva Sukun Lifecare Limited are in constant focus these days. The company’s shares are witnessing tremendous growth every day. On Wednesday, the company’s shares rose 4% to Rs 2.55. Had reached intraday high of 2.30. There is a big reason behind this rise in shares. Actually, the company has announced to offer bonus shares in the ratio of 3:5 to eligible shareholders and its record date is approaching.
what are the details
The company has fixed Friday, January 17, 2025 as the record date for the issue of bonus shares in the ratio of 3:5. This means that if an investor currently holds 5 shares of the company, he will be given 3 shares free of cost. Let us tell you that bonus shares are free shares issued to shareholders, which increase the total number of shares and reflect the company’s intention to reward investors.
September quarter results
Satva Sukun Lifecare Financial Company’s September 2024 quarter net sales at Rs. Which was Rs 1.56 crore in the September 2023 quarter. 0.46 crore was 240.14% more. Its net profit rose 124.9% to Rs 0.62 crore in Q2FY25 from Rs 0.27 crore in Q2FY24. EBITDA increased by 125.58%. This is a company of the 1980s. In India, Satva Sukun Lifecare Limited manufactures and sells burners. Manufacturing and sales of burners and vaporizers is the core business of Sattva Sukun Lifecare Limited, formerly known as Mayukh Dealtrade Limited. Recently the name of the company has been changed.”