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News Topical, Digital Desk : Next week marks the record date for corporate actions for several companies, meaning it will determine who will benefit from these announcements. One such company is Time Technoplast. This small-cap company in the plastic products segment has announced bonus shares. The company is a multi-bagger. Its stock has tripled in value in the past two years.
What has the company revealed?
The company announced on September 10th of this month that it had revised the record date for its bonus issue. The record date is September 23, 2025, up from September 15th. The company is offering investors one bonus share for every share held. Stock performance: The stock closed at 478.35 on Friday, up nearly half a percent. The stock's one-year return is 12 percent. However, in the long term, the stock has proven to be a multibagger. The stock has tripled in two years. Its three-year return is 326 percent, meaning it has nearly quadrupled. In September 2020, the stock was below the 50-mark, meaning it has grown more than nine times during this period. The company's first-quarter profit increased 20 percent compared to the previous year, while revenue has grown 10 percent year-over-year. Operating income increased by 12%, and EBITDA margins also improved. What should investors do? Keep in mind that investment decisions are not based on a single corporate action. Investment decisions are made based on the stock's valuation and the company's future performance projections. Therefore, seek advice on the stock first and then make an investment decision. However, if you already have a stake in the stock, pay attention to the record date, as this determines who will benefit from the corporate action.
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