Home Investment Products Stock Market 750 per cent returns in this multibagger stock; Board announced bonus shares! – Dalal Street Investment Journal

750 per cent returns in this multibagger stock; Board announced bonus shares! – Dalal Street Investment Journal

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750 per cent returns in this multibagger stock; Board announced bonus shares! – Dalal Street Investment Journal

The inventory gave multibagger returns of 760.74 per cent in 3 years whereas BSE Sensex Index is up by 84.43 per cent.

Gulshan Polyols Ltd, one of many largest producers of precipitated calcium carbonate and sorbitol in India introduced bonus shares for its fairness shareholders of the corporate within the proportion of 1 fairness share of Rs 1 every for each 5 (5) current Fairness Shares of Rs 1 every held as on the file date. The corporate verified the file date for the bonus subject as Wednesday, June 21, 2023.  

On Friday, shares of Gulshan Polyols Ltd zoomed 2.41 per cent to Rs 280.60 per share with an intraday excessive of Rs 283.05 and an intraday low of Rs 276.05. The inventory has a 52-week excessive of Rs 303.40 and a 52-week low of Rs 191.  

In line with the financials, Gulshan Polyols Ltd is a Small-Cap firm having a market cap of over Rs 1,458 crore. The corporate has delivered good revenue progress of 20.70 per cent CAGR over final 5 years. The web gross sales elevated by 3.19 per cent and web revenue elevated by 24.70 per cent in Q4FY23 in comparison with Q4FY22. The web gross sales elevated by 7.18 per cent and web revenue decreased by 46.79 per cent in FY23 in comparison with FY22. The EPS for FY23 stood at Rs 8.69.  

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The Firm has obtained sanction from the State Financial institution of India for availing a time period mortgage of Rs 170 crore for establishing an Ethanol Challenge of 250 KLPD capability on the Industrial Progress Centre, Matia, District Goalpara, Assam. With this Firm has efficiently been capable of elevate funds to Rs 470 crore which shall be additional utilized in fulfilling CAPEX necessities for ongoing expansions. 

The inventory gave multibagger returns of 760.74 per cent in 3 years whereas BSE Sensex Index is up by 84.43 per cent. Buyers ought to regulate this small-cap chemical substances firm inventory.  

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