908% Return In 3-Yrs: Metals Sector Small Cap Stock Approves 1:1 Bonus Share

Small cap stock from the metals & non-ferrous sector, Raghav Productivity Enhancers Ltd on Tuesday approved 1:1 bonus share. Soon after the approval, Raghav Productivity Enhancers shares witnessed a surge of 2.49% on BSE. Raghav Productivity Enhancers share offered 117% return in last 1-year. Check details below:

Raghav Productivity Enhancers Approves Bonus Share: According to the BSE filing of Raghav Productivity Enhancers, "Considered and approved the proposal for issue of bonus equity shares to the members of the Company by capitalization of Securities Premium account in the ratio 1:1 i.e. 1 bonus equity shares of Rs. 10/- for every 1 existing equity shares of Rs. 10/- each held by the members on the record date to be fixed hereafter for the purpose subject to approval of Shareholders of the Company in the 14th Annual General Meeting to be held on 25th July, 2023."

Raghav Productivity Enhancers Stock Performance & Return: Last trading price of Raghav Productivity Enhancers share is Rs 1088.65 apiece. The stock's 52-week high price is Rs 1180.00 per share and 52-week low price is Rs 480.00 per share, respectively. It has a market capitalisation of Rs 1249.37 crore. In last 3-months, Raghav Productivity Enhancers shares delivered 28% return, offered 24% gain in last 6-months, and 117% return in last 1-year. In last 2-years, investors received 164% return from Raghav Productivity Enhancers shares and maximum return of 908% in last 3-years.

Raghav Productivity Enhancers Financial Performance: The company for the quarter ended March 31, 2023 declared its consolidated total income at Rs 34.48 crore, up 1.66% from preceding quarter total income at Rs 33.92 crore. It announced its net profit after tax at Rs 7.12 crore in the latest quarter.

Raghav Productivity Enhancers About: Raghav Productivity Enhancers functions as a stone supplier. It is engaged in the manufacturing and exporting of ferro alloys, ramming mass, silica ramming mixes, and pig iron, among others. The small cap company was incorporated in 2009.

Disclaimer: The metal sector small cap stock approved bonus share in the ratio of 1:1. 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.