761% Returns: Record Date Of Small Cap Chemical Stock For Bonus Issue Is Few Days Away

Small Cap Chemical Stock, Gulshan Polyols Ltd has given attractive returns to its investors in the last 3-years period. Gulshan Polyols shares delivered return of 761% in last 3-years only. It operates in chemicals sector. Recently, board of directors of Gulshan Polyols fixed June 21, 2023 as the record date for 1:5 bonus issue. It declared its quarterly net profit after tax at Rs 14.37 crore in March 2023, up 23% from Rs 11.67 crore announced in March 2022. Check details below:

Gulshan Polyols Ltd Finalises Record Date For Bonus Share: As per the regulatory filing of Gulshan Polyols, "In terms of Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Company has fixed Wednesday, 21st day of June 2023 as the 'Record Date', for the purpose of ascertaining the eligibility of shareholders be entitled for issuance of Bonus Equity Shares of the Company in the proportion of 1 (One) Equity Share of Re. 1/- each for every 5 (Five) existing Equity Shares of Re. 1/- each held as on the Record Date, subject to the approval of Members which is being obtained by way of Postal Ballot dated May 12, 2023 through e-voting."

Gulshan Polyols Ltd Stock Performance & Return: Last trading price of Gulshan Polyols share is Rs 280.60 per share with intraday jump of 2.41%. Ever since the board has fixed record date for bonus share, the stock witnessed a jump of nearly 10%. Gulshan Polyols share's 52-week high price is Rs 303.40 apiece and 52-week low price is Rs 191.00 per share. Its market capitalisation is Rs 1458.43 crore. The stock surged 15% in last 6-months, 22% in last 1-year, 67% return in last 2-years, and 761% return in last 3-years.

Gulshan Polyols Financial Performance: The company for the quarter ended March 31, 2023 declared its consolidated total income at Rs 304.61 crore, down 8.74% from previous quarter total income of Rs 333.80 crore.

About: It came into existence in 2000. Gulshan Polyols is India's renowned manufacturer of Ethanol/Bio-fuel, Grain and Mineral based specialty products with three decades of experience, according to its official website.

Disclaimer: The stock fixed record date for bonus share. 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.