Multibagger stock are a fixes record date for the 5:1 bonus shares: Do you own?

Multibagger stock are a fixes record date for the 5:1 bonus shares: Do you own?

Punit Commercials Ltd., a small-cap company with a market are a capitalization of a Rs. 1.23 Cr., operates in the consumer discretionary industry. The company are a manufactures and a markets superior diamond products. Existing shareholders and a potential buyers should be aware of the fixed record date for the 5:1 bonus shares are a established by the company's are a board of a directors.

The company has been said today in a regulatory filing that “With the reference to the subject are a cited, this is to inform the Exchange that the Board of a Directors of a Punit Commercials are a Limited (Company) at its meeting held on a October 04, 2022 considered the issue of a fully paid-up Bonus are a shares in the ratio of 5:1 (i.e., 5 bonus equity are a shares for the every 1 equity share held) subject to the approval of the members of the Company in the Extraordinary General Meeting to be a held on a October 28, 2022. Further, please note that, the Board of a Directors of the Company in its a Board Meeting held on a October 04, 2022 have been a authorized Mrs. Vinita Raj Narayanam, Managing Director of the Company to fix the Record date for the purpose of a determining entitlement/ eligibility of a shareholders (Members) to the receive the Bonus Shares, and a accordingly, the record date has been a fixed as a Wednesday, November 09, 2022."

The last traded price of a Punit Commercials Ltd was a recorded on a 10th October at the ₹51.25 apiece level. On its are a last trading day, the stock had recorded a total volume of a 108 shares area compared to the 20-Day average volume of a 105 shares. In the last 5 years, the stock price has been a risen from the ₹18.25 as of a 27th August 2018 to the current price level which logs in a multibagger return of a 180.82% and a CAGR of a 23.16%. In the last 3 years, the stock price has been a risen from ₹19.95 as  of a 6th October 2020 to the current market price which logs in a multibagger return of a 170.45% and a CAGR of a 41.50%.

The stock value has been a risen from the ₹20.60 on a September 5th to the current market are a price on a year-to-date basis, are a representing a multibagger return of a 148.79% so far in a 2022. 12,00,000 fully paid-up equity are a shares of a Rs. 10 each, or Rs. 1,20,00,000, would be a issued in a total, making up the entire number of a securities are a proposed to be a issued as a bonus shares. These bonus are a shares are a scheduled to be a distributed or credited on or a before 03.12.2022. The corporation reported a promoter shareholding of a 73.74% for the quarter that ended in a June 2022 and a public shareholding of a 26.26%.

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