There has been a stormy rise in the shares of Godfrey Phillips. The shares of Godfrey Phillips rose by more than 5 percent on Monday to reach Rs 7740.85. The shares of the company associated with the cigarette and tobacco products industry have reached their all-time high. The shares of Godfrey Phillips have risen by more than 70 percent in the last one month. The company is preparing to give bonus shares to its shareholders and this is why this rise is being seen in the shares of Godfrey Phillips.

Preparation to give 2 bonus shares on every 1 share
Godfrey Phillips is preparing to give bonus shares to its investors in the ratio of 2:1. That is, the company is preparing to distribute 2 bonus shares to its shareholders for every 1 share. The board meeting of Godfrey Phillips is to be held on 20 September 2024, in which the issue of bonus shares will be considered. The company has not yet announced the record date of bonus shares. Godfrey Phillips, a company associated with the cigarette and tobacco products industry, also divided its shares (stock split) in the year 2014. The company divided the shares with a face value of Rs 10 into 5 shares with a face value of Rs 2.

Shares have jumped over 145% in 6 months
Godfrey Phillips shares have seen a gain of more than 145 percent in the last 6 months. The company's shares were at Rs 3126.55 on March 18, 2024. Godfrey Phillips shares have reached Rs 7740.85 on September 16, 2024. The company's shares have jumped more than 70 percent in the last one month. The shares of the company, which manufactures cigarettes and tobacco products, were at Rs 4533.25 on August 16, 2024, which have reached Rs 7740.85 on September 16, 2024.

The company's shares jumped 275% in one year
Godfrey Phillips shares have climbed 275 percent in the last one year. The company's shares were at Rs 2057 on 18 September 2023. The company's shares have reached Rs 7740.85 on 16 September 2024. So far this year, the company's shares have seen a rise of 269 percent. At the beginning of this year, on January 1, 2024, the company's shares were at Rs 2087.55, which have reached above Rs 7700 on 16 September.