3498% Return In 3 Years: Small Cap Stock Likely To Announce Bonus, Stock Split

Small cap company, Hardwyn India Ltd has scheduled a meeting of board of directors on April 26, 2023 to consider and approve issue of bonus share and stock split. The stock gave multibagger returns to investors in just last 1 year with 220% return. In last 3-years, it gave return of 3498%. Check details below:

Hardwyn India Ltd To Consider, Approve Bonus, Stock Split: According to the BSE filing of the company, "A meeting of the Board of Directors, as amended, this is to inform you that a meeting of the Board of Directors of the Company i.e, Hardwyn India Limited is scheduled to be held on Wednesday, April 26th 2023, Inter alia to transact the following businesses:

1. The Issue of fully paid-up Bonus Equity Shares to the members of the Company;

2. To consider and increase the Authorised Share Capital of the company upto the amount as may be determined and approved by the Board.

3. To consider the split of equity shares of the company and consequent amendment to the capital clause of the Memorandum of Association (MoA) of the company, subject to the approval of the shareholders and other necessary approvals, to give effect to the said changes.

Hardwyn India Ltd Stock Performance & Return: Current market price of Hardwyn on BSE is Rs 341.85 per share with marginal intraday surge of 0.23%. The stock's 52-week high price is Rs 365.00 per share and 52-week low price is Rs 98.65 per share. Its market capitalisation is Rs 894.50 crore.

It gave return of 39% in last 6-months, 220% return in last 1-year, and 701% return in last 2-years. It soared 3498% in last 3-years.

Hardwyn India Ltd About: Hardwyn India Limited produces and distributes aluminum products. It provides architectural hardware, glass fitting, door closers, locks, and other related solutions to residential and commercial structures. The company was incorporated in 2017.

Disclaimer: The small cap company is likely to announce bonus share and stock split. Greynium Information Technologies and the author 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.