Stock below ₹50 declares 1:2 bonus issue, scrip up 175% in 6 months
1 year, 9 months ago

Stock below ₹50 declares 1:2 bonus issue, scrip up 175% in 6 months

Live Mint  

With a market valuation of ₹46.25 Cr, Achyut Healthcare Ltd. is a small-cap company that operates as an SME in the pharmaceutical industry. “The Board considered and recommended to issue 46,72,500 Equity Shares of Rs.10/- each as bonus issue in the ratio of 1:2 i.e. one new bonus Equity Share of ₹10/- each for every two existing fully paid up Equity Shares of Rs.10/- each, subject to approval by the members and any other applicable statutory and regulatory approvals. 25th April, 2023 for the purpose of issue of bonus shares to the eligible shareholders of the Company,” said Achyut Healthcare in a stock exchange filing. 1 bonus equity share of Rs.10/- each for every 2 fully paid-up equity shares of Rs.10/- each held as on the record date i.e.

Equity Shares Bonus Equity Share Equity Shares  declares  scrip  rs10  issue  shares  company  12  175  healthcare  fy22  50  stock  bonus  fy21  months  equity  compared  cr

History of this topic

Sagility India share price hits 5% upper circuit, soars over 30% in December so far; Jefferies, JPMorgan see more upside
1 day, 2 hours ago

Sagility India share price hits 5% upper circuit, soars over 30% in December so far; Jefferies, JPMorgan see more upside

Live Mint  

Sagility India share price surged 5 per cent to hit the upper circuit limit of ₹48.91 in morning trade on BSE on Tuesday, December 24. Sagility India share price opened at ₹47.90 on Tuesday against its previous close of ₹46.59 and soon jumped 5 per cent to the level of ₹48.91. Jefferies, JPMorgan see more upside in Sagility India stock …

Hindustan Aeronautics Q2 Results: Net profit rises 22% to ₹1,510 crore, revenue grows 6% YoY
1 month, 1 week ago

Hindustan Aeronautics Q2 Results: Net profit rises 22% to ₹1,510 crore, revenue grows 6% YoY

Live Mint  

Hindustan Aeronautics Ltd, the state-run defence company, reported a 22.4% rise in its consolidated net profit for the second quarter of FY25 to ₹1,510.49 crore from ₹1,236.67 crore in the year-ago quarter. At the operational level, HAL's earnings before interest, tax, depreciation and amortization during the quarter ended September grew 7.3% to ₹1,640 crore from ₹1,527.7 crore, while EBITDA margin …

Axis Bank shares climb 6 pc post earnings announcement; mcap surges by ₹19,695.96 cr
7 months, 4 weeks ago

Axis Bank shares climb 6 pc post earnings announcement; mcap surges by ₹19,695.96 cr

Hindustan Times  

New Delhi, Shares of Axis Bank on Thursday climbed 6 per cent after the company reported a consolidated net profit of ₹7,599 crore during the March 2024 quarter. Axis Bank shares climb 6 pc post earnings announcement; mcap surges by ₹ 19,695.96 cr The stock advanced 5.98 per cent to settle at ₹1,127.35 apiece on the BSE. Axis Bank on …

Union Bank of India share price jumps 7% on ₹3,000 crore QIP announcement
10 months ago

Union Bank of India share price jumps 7% on ₹3,000 crore QIP announcement

Live Mint  

Union Bank of India share price jumped almost 7 percent on Wednesday, February 21, after the PSU lender announced its plans to raise ₹3,000 crore through a qualified institutional placement, with a floor price set at ₹142.78 per share. February 20, 2024, approved the raising of funds for an amount not exceeding ₹3,000 crore through issue of equity shares through …

PFC Q1 Results: Net profit rises 31% on year to ₹5,982.14 crore
1 year, 4 months ago

PFC Q1 Results: Net profit rises 31% on year to ₹5,982.14 crore

Live Mint  

Power Finance Corporation Ltd on Friday reported an 30.6% year-on-year rise in its consolidated net profit for the fiscal's first quarter ended June to ₹5,982.14 crore. The company's total consolidated revenue from operations rose 13.3% on year to ₹20,992.49 crores during the quarter ended June from ₹18,532.25 crore in Q1FY23. According to the company's filing, on consolidated basis operating margin …

ICICI Lombard’s Q1 results: Net profit up 12%, gross premium income up 20%
1 year, 5 months ago

ICICI Lombard’s Q1 results: Net profit up 12%, gross premium income up 20%

Live Mint  

On Tuesday, July 18, the private non-life insurance provider ICICI Lombard General Insurance Company announced a 12% year-over-year increase in net profit at ₹390.4 crore for the three months that ended June 30, 2023. The Company's Gross Direct Premium Income for Q1 FY2024 was ₹63.87 billion, showing a growth of 18.9% compared to ₹53.70 billion in Q1 FY2023. When excluding …

TCS Q1 Results: Net profit jumps 16% on year to ₹11,074 cr; declares dividend
1 year, 5 months ago

TCS Q1 Results: Net profit jumps 16% on year to ₹11,074 cr; declares dividend

Live Mint  

Information Technology services major, Tata Consultancy Services Ltd on Wednesday reported an 16.84% year-on-year rise in its consolidated net profit for the fiscal's first quarter ended June to ₹11,074 crore. The IT company's consolidated revenue from operations stood at ₹59,381 crores during the quarter ended June from ₹52,758 crore in Q1FY23. The company's consolidated total income for the quarter ended …

Macrotech Developers Q4 earnings: PAT up 38% YoY, Board declares 1:1 bonus issue and dividend of 20%
1 year, 8 months ago

Macrotech Developers Q4 earnings: PAT up 38% YoY, Board declares 1:1 bonus issue and dividend of 20%

Live Mint  

Macrotech Developers is a large cap company recorded a market cap of ₹43,744.02 Cr during Friday closing. The company said in a stock exchange filing that its Board of Directors have approved “Issuance of bonus equity shares in the proportion of 1 new fully paid up equity share of ₹10 each for every existing 1 equity share of ₹10 each …

Upcoming bonus shares: 2 stocks at upper circuit limit granting 1:2 and 1:1 bonus issue in the coming weeks of April
1 year, 8 months ago

Upcoming bonus shares: 2 stocks at upper circuit limit granting 1:2 and 1:1 bonus issue in the coming weeks of April

Live Mint  

A corporate action recognized as the issuance of additional shares to current shareholders of a corporation, typically in proportion to their current shareholding, is known as a bonus share. The Board of Directors may suggest the issuance of bonus shares in a resolution with a certain ratio, and the company's shareholders must later ratify this proposal at a general meeting. …

IT stock turns ₹1 lakh to ₹2.20 cr in 18 years via three 1:1 bonus shares
1 year, 11 months ago

IT stock turns ₹1 lakh to ₹2.20 cr in 18 years via three 1:1 bonus shares

Live Mint  

Money is not in buying and selling of stocks on intraday basis. This Tata group share has announced bonus shares in the ratio of 1:1 on three occasions in last 18 years and if an investor had invested ₹1 lakh in this stock 18 years ago, its shareholding would have grown eight times after these three 1:1 bonus share issues. …

Motherson Sumi Wiring declares record date for 2:5 bonus shares
2 years, 1 month ago

Motherson Sumi Wiring declares record date for 2:5 bonus shares

Live Mint  

The market capitalization of Motherson Sumi Wiring India Ltd., a large cap firm in the consumer discretionary sector, is ₹25,579 crore. Motherson Sumi Wiring India Ltd. reported that its board of directors has proposed issuing bonus equity shares in the ratio of 2:5, or issuing 2 bonus shares for every 5 shares held as of the record date, at the …

₹1 lakh skyrocketed 1000 times to ₹17 Cr after 3 bonus shares: Buy the stock
2 years, 3 months ago

₹1 lakh skyrocketed 1000 times to ₹17 Cr after 3 bonus shares: Buy the stock

Live Mint  

With a market capitalization of ₹51,456.63 Crore, Torrent Pharmaceuticals Ltd. is a large cap company in the pharmaceutical industry. 17.22 Crore i.e.. Q1FY23 results of Torrent Pharma On a consolidated basis, the company reported net sales of ₹2347 Cr in the quarter ended June 2022 compared to ₹2134 Cr recorded in Q1FY22 which represents a YoY growth of 10%. The …

This stock hits upper circuit, as Board sets record date for bonus shares
2 years, 3 months ago

This stock hits upper circuit, as Board sets record date for bonus shares

Live Mint  

With a market worth of ₹14.03 Cr, Kaarya Facilities & Services Ltd. is a small-cap company that engages in the commercial services industry. The shares of Kaarya Facilities & Services Ltd opened today at ₹29.75 apiece and closed today at an upper circuit limit of ₹30.00 with an upside gap of 19.52% from the previous close. The Board of Directors …

Stocks to Watch: DHFL, HDFC Bank, Jet Airways, Kotak Mahindra Bank
3 years, 6 months ago

Stocks to Watch: DHFL, HDFC Bank, Jet Airways, Kotak Mahindra Bank

Live Mint  

NEW DELHI: Here are top ten stocks that could be in the news today. Natco Pharma: The drugmaker said its consolidated net profit declined 43% to ₹53 crore for the quarter ended 31 March, compared to ₹93 crore a year ago. Novartis India: The pharmaceutical company reported March quarter net profit for fiscal 2021 of ₹9.7 crore, up a 43% …

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