THIS small-cap stock below ₹50 declares 5:1 bonus shares; do you own?
2 days, 23 hours ago

THIS small-cap stock below ₹50 declares 5:1 bonus shares; do you own?

Live Mint  

Gujarat Toolroom board, on Monday, approved 5:1 bonus issue, allowing shareholders five additional shares for every one share they own. The bonus shares will be issued by utilizing ₹116 crore from the securities premium account and retained earnings, leading to a substantial rise in the company’s paid-up share capital, from ₹23.20 crore to ₹139.23 crore. Gujarat Toolroom QIP Recently, Gujarat Toolroom Ltd. successfully raised ₹95.66 crore through a Qualified Institutional Placement, allotting stakes to prominent institutional investors like Bridge India Fund, Eminence Global Fund, and Multitude Growth Funds Limited, among others. This robust support from institutional players reflects their confidence in Gujarat Toolroom's strategic vision, operational strength, and growth prospects.

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Small-cap stock hits 20% upper circuit after bonus share move. Details here
2 weeks, 6 days ago

Small-cap stock hits 20% upper circuit after bonus share move. Details here

Live Mint  

Bonus shares 2024: Shares of Kothari Products, engaged in real estate and international trade, surged to a four-month high of ₹205 apiece in intraday trade on Friday, December 20 as the stock hit the 20% upper circuit limit. In an exchange filing on Thursday, the company announced that its board will meet on December 27, 2024, to consider recommending bonus …

Penny stock hits 5% upper circuit after receiving an order from Reliance Industries
1 month, 2 weeks ago

Penny stock hits 5% upper circuit after receiving an order from Reliance Industries

Live Mint  

Penny stock: Gujarat Toolroom Limited, a Gujarat-based company, has hit the upper circuit on the stock market after securing a significant order from Reliance Industries Ltd. Gujarat Toolroom fundraise Earlier this year, in October, Gujarat Toolroom Limited raised ₹50 crore via a Qualified Institutional Placement at an issue price of ₹11.50 per share. In its exchange filing, the company stated, …

Gujarat Toolroom share price hits upper circuit on second day in a row ahead of Q4 results 2024
8 months, 1 week ago

Gujarat Toolroom share price hits upper circuit on second day in a row ahead of Q4 results 2024

Live Mint  

Q4 results 2024: Gujarat Toolroom share price has been on an uptrend for the last two days. Gujarat Toolroom Q4 results 2024 date Informing the board meeting date to the Indian stock market bourses, the small-cap company said, "The Board of Directors of the Company meeting is scheduled on 06/05/2024, inter alia, to consider and approve 1. Gujarat Toolroom news …

Smallcap stock secures $50 million order as gems and jewellery industry see rise in demand
1 year, 2 months ago

Smallcap stock secures $50 million order as gems and jewellery industry see rise in demand

India TV News  

The gems and jewellery industry has become one of the largest businesses in the country. According to a PTI report, rating agency Crisil has predicted that India's diamond polishing industry will likely see a revenue drop by 30-35 per cent to USD 14-15 billion in the current financial year 2023-24 on poor demand from the US, EU and China. Notably, …

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