1:1 Bonus Share: Buy/Sell Metals Stock To Be Eligible For Free Shares? Record Date Revised To Nov 29

Raghav Productivity Enhancers Ltd shares today settled 8.13% higher to 1535.50 per share on Bombay Stock Exchange. The company on October 18, 2024 recommended 1:1 bonus shares and today revised record date to November 29, 2024. The earlier record date was November 15, 2024 which will go invalid now. The company's market capitalisation stood at Rs 3524.37 crore. Raghav Productivity Enhancers shares gave shareholders return of 19% in last 1-week and gained 147% in last 6-months. Check details below:

Raghav Productivity Enhancers Ltd Revises Record Date

As per the exchange filing of Raghav Productivity Enhancers Ltd dated November 6, 2024, "In accordance with the provisions of the Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "Listing Regulations"), we hereby inform you that subject to approval of shareholders for issuance of Bonus Shares, the Company has revised the Record Date and fixed Friday, 29th November, 2024 as the revised „Record Date' for the purpose of ascertaining the eligibility of shareholder for issue of Bonus shares in the ratio 1:1 [i.e. 1(One) Bonus Equity share of Rs. 10/- each for every 1(One) existing fully paid up equity shares of Rs. 10/- each]."

Raghav Productivity Enhancers Shares Performance

The 52-week high price of Raghav Productivity Enhancers shares on BSE stood at Rs 1565.20 per share and 52-week low price is Rs 532.00 per share, respectively. Raghav Productivity Enhancers shares surged 106% in 2024, rose 142% in last 1-year, and gained 222% in last 2-years.

Raghav Productivity Enhancers Q2

The company today declared a surge of 37.81% in its consolidated net profit for the quarter ended September 30, 2024 as against Rs 634.61 crore declared in the similar quarter of last year. The company declared its total consolidated revenue from operations at Rs 4950.07 crore for the quarter ended September 30, 2024 as against Rs 3255.06 crore. Total expenses for September 2024 quarter stood at Rs 3817.71 crore from Rs 2390.13 crore declared in September 2023. EPS of the company for September 2024 quarter came at Rs 3.81 from Rs 2.76 in September 2023 quarter.

Should You Buy Raghav Productivity Shares?

According to AR Ramchandran, Independent SEBI Research Analyst, " "Raghav Productivity Enhancers is bullish but also overbought on the Daily charts with next resistance at 1618. Investors should be booking profits at current levels as a Daily close below support of 1478 could lead to a fall till 1251 in the near term."

Raghav Productivity About

It is a leading stone supplier. Raghav Productivity is engaged in the manufacturing and exporting of ferro alloys, ramming mass, silica ramming mixes, and pig iron, among others. The small cap company came into existence in 2009.

Disclaimer: The stock has been picked from the brokerage report of AR Ramchandran. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.