4:5 Bonus Shares Recommended: Small Cap Stock Offers 557% Return In Last 1-Yr

Small cap stock, Jeena Sikho Lifecare Ltd on Monday recommended bonus issue in the ratio of 4:5 which implies that shareholders will receive 4 bonus share for every 5 shares held as on the record date. Jeena Sikho Lifecare shares offered shareholders multibagger returns in last 3 months as shares soared 118%. Jeena Sikho Lifecare stock gained 557.81% in last 1-year. Check more details below about the NSE listed small cap stock:

Board Of Jeena Sikho Lifecare Recommends Bonus Share: According to the BSE filing dated September 25, 2023, "Board of Directors has considered, approved and recommended for Bonus Issue of Equity Shares in the ratio of 4:5, i.e., 4 (four) Bonus Equity Share (fully paid‐up) of Rs. 10/‐ each for every 5 (five) existing Equity Shares of Rs. 10/‐ each, held by the Shareholders in the Company, as on the record date. The Record Date for determining the entitlement of the Equity Shareholders w.r.t the Bonus issue shall be intimated separately in due course."

Jeena Sikho Lifecare Stock Performance, Return In last 5-Years: Last trading price of Jeena Sikho Lifecare share on NSE is Rs 990.00 per share with intraday fall of 1.06%. Its 52-week high price is Rs 1220.00 apiece and 52-week low price is Rs 140.00 apiece, respectively. The company has a market capitalisation of Rs 1,36,730.80 lakhs. Jeena Sikho Lifecare stock offered shareholders return of 118% in last 3-months, gained 292% in last 6-months, and soared 557% in last 1-year.

About: Jeena Sikho Lifecare came into existence in 2009. Jeena Sikho Lifecare is the leading ayurvedic healthcare system provider in India offering brands such as Shuddhi Ayurveda, Shuddhi Clinics, Origine & HIIMS hospital.

Disclaimer

The stock just highlights the bonus share and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.