Bonus Shares:Shakti Pumps has announced bonus shares. The company is going to give 5 bonus shares on one share. The company is giving bonus shares after 13 years. Let us tell you, in the last one year, the prices of the company's shares have seen a rise of more than 400 percent. Let us know in detail about this stock -

5 shares free on 1 share

The company had informed the stock exchanges on October 7 that 5 shares would be given as bonus on one share with a face value of Rs 10. However, the company has not yet announced the record date. Shakti Pump has said in the information given to the exchange that the bonus shares will be credited to eligible investors on or before 30 November 2024. In such a situation, it is expected that the company may soon announce the record date for bonus shares.

The company has given bonus shares 13 years ago

According to BSE data, the company had given bonus shares for the first and last time in 2011. At that time, the company had given a bonus of one share on one share. Let us tell you, the company traded as ex-dividend on 23 September. The company has given a dividend of Rs 4.

The company gave a stormy return in shares

Shakti Pump's stock closed at Rs 4980.15 on Friday with a gain of 1.38 percent. In the last one year, the company's share prices have seen a rise of 443 percent. In the last 6 months, Shakti Pump's stock has seen a jump of 250 percent. Let us tell you, the stock price has risen by 15 percent in one month.

The company's 52 week high on BSE is Rs 5151. And the company's 52 week low level is Rs 898. The company's market cap is Rs 9,977.78 crore.

(This is not an investment advice. The stock market is subject to risks. Consult experts before making any investment.