Multibagger Small Cap Stock Under Rs 75 Declares 5:4 Bonus Issue, Shares Rally

Small cap stock, Focus Business Solution Ltd on Wednesday declared bonus share in the proportion of 5:4 which implies that shareholders will be eligible to receive 4 bonus shares for every 5 shares held on the record date. Last trading price of Focus Business Solution on BSE is Rs 72.00 per share. The small cap stock delivered 74% return in last 3-months and 112% return in last 1-year. Check details below:

Focus Business Solution Announces Bonus Issue: According to the BSE filing of the company, "recommended the issue of Bonus Shares in the ratio of 5:4 i.e. 4 (Four) Bonus equity share of Rs.10/- each for every 5 (Five) fully paid-up equity share of Rs. 10/- each held by the Members of the Company as on the Record Date, subject to approval of the Members of the Company."

Focus Business Solution Stock Performance & Return: Last trading price of Focus Business Solution share is Rs 72.00 apiece with an intraday gain of 7.46%. The stock's 52-week high price is quoted at Rs 72.00 apiece and 52-week low price is quoted at Rs 25.10 apiece, respectively. The company has a market capitalisation of Rs 16.00 crore. Focus Business Solution shares offered 89% return YTD and 111% return in last 1-year.

Focus Business Solution About: The company has been established keeping in mind to build an organization expertise in debt collection and Recovery having foundation of specific industry knowledge. Aimed at creating a very robust, adaptive and cost-effective ecosystem of debt collection and recovery management leading to playing a pivotal role in retail loan portfolio management of our long list of esteemed and reputed BFSI clients, according to the company's official website.

Disclaimer: The stock just highlights the bonus issue 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 ay losses. Please consult a professional advisor.