The inventory traded at a brand new 52-week excessive with a spurt in quantity by greater than 2.20 instances on BSE.
Bhansali Engineering Polymers Ltd knowledgeable that the Board of Administrators of the corporate has authorised bonus shares within the ratio of two:1 i.e., 1 bonus fairness share of Rs 1 every for each 2 totally paid-up fairness shares of Rs 1 every held by the members of the corporate on file date.
Additionally, the corporate introduced a closing dividend of Rs 1 (100 per cent) per Fairness Share (of the face worth of Rs 1 every) and a particular dividend of Rs 14 (1400 per cent) per fairness share. The entire closing and particular dividend aggregating to Rs 15 (1500 per cent). The corporate verified the file dates for each dividends as Friday, June 09, 2023.
On Friday, shares of Bhansali Engineering Polymers zoomed 2.90 per cent to Rs 140.05 per share from its earlier closing of Rs 136.10 with an intraday excessive of Rs 143.95 and an intraday low of Rs 136.75. The inventory additionally traded at a brand new 52-week excessive of Rs 143.95 per share.
DSIJ presents a product ‘Tiny Treasure’ with suggestions for Small-Cap & micro-cap shares based mostly on analysis and evaluation to assist subscribers make knowledgeable funding selections. If this pursuits you, then do obtain the product particulars pdf right here
Bhansali Engineering Polymers Ltd is engaged within the manufacturing and sale of ABS Resins, AES Resins, ASA resins, SAN resins and their alloys with different plastics within the Indian market. The shares of the corporate noticed a spurt in quantity by greater than 2.20 instances on BSE.
Speaking concerning the financials, this chemical substances sector firm has a market cap of Rs 2,323.51 crore and has delivered good revenue progress of 57.9 per cent CAGR over the past 5 years.
The inventory has a PE of 9.76x and an ROE of 45 per cent. The inventory gave multibagger returns of 300.14 per cent in simply 3 years. Buyers ought to control this small-cap inventory.
Adblock take a look at (Why?)