Small-cap stock Lorenzini Apparels witnessed a decline on Thursday, December 26 after the board deferred the issuance of bonus equity shares. Lorenzini Apparels said that the Board of Directors at their meeting held on December 25 decided to postpone or defer the agenda items related to the Bonus Issue and the increase in authorized share capital. "It was suggested by …
Bonus shares, stock split effect: Investing in stocks is like investing in a business. The board of directors of the SME company declared 6:11 bonus shares and a 1:10 stock split in March 2024. Bonus shares, stock split effect As mentioned above, if an allottee had remained invested in the SME stock despite tepid listing, one's shareholding in the company …
Once a penny stock, Lorenzini Apparels has emerged as a remarkable success story on Dalal Street. This strong growth highlights the stock's steady value increase, positioning it as a standout performer among penny stocks. Over the past year, the penny stock has advanced over 38 per cent, and in 2024 so far, it has climbed 66 per cent. Meanwhile, its …
