Small Cap Chemicals Stock Issues New Record Date For 2:9 Bonus Share

Small cap company operating in Chemicals sector, Sadhana Nitrochem Ltd on June 19 revised record date for 2:9 bonus share from June 27 to July 5, 2023 now, as per the BSE filing. Sadhana Nitrochem shares delivered 234% return in last 2-years and 721% return in last 3-years. Check details below:

Sadhana Nitrochem Revises Record Date For Bonus Issue: As per the BSE filing of the company, "With reference to our letter dated June 13, 2023, please note that the record date has been revised to Wednesday, July 5, 2023 for the purpose of determining the eligibility of Member's for allotment of bonus equity shares in the proportion of 2 (two) bonus equity share of Re. 1/- each for every existing 9 (nine) equity shares of Re. 1/- each, subject to the approval of shareholders of the company by postal ballot."

Sadhana Nitrochem Stock Outlook & Return Over Years: The last trading price of Sadhana Nitrochem stock is Rs 132.05 per share with intraday fall of 0.34%. Its 52-week high price is Rs 174.45 per share and 52-week low price is Rs 102.00 per share, respectively. The small cap company has a market capitalisation of Rs 2,669.24 crore. Sadhana Nitrochem shares gave return of 10% YTD, 9% in last 6-months, 10% return in last 1-year, and 35589.19% return in last 10-years.

Sadhana Nitrochem Financial Outlook: The company's EBITDA declared at Rs. 10.03 crore in March 2023, up 122.39% as against Rs. 4.51 crore declared in March 2022. It quarterly Net Profit announced at Rs. 1.77 crore in March 2023, up 176.56% from Rs. 0.64 crore announced in March 2022. Sadhana Nitrochem's net sales declared at Rs 48.16 crore in March 2023, up 20.94% from Rs. 39.82 crore announced in March 2022.

Sadhana Nitro Chem About: Presently, SNCL manufactures downstream derivatives of Nitrobenzene and other intermediates for various applications in aerospace, pharma and agro, optical brightening agents, plastic additives, special fibres, epoxy resin hardeners, dyes and performance chemicals. SNCL provides service to its European clientele through its 100% subsidiary Anuchem b.v.b.a. in Antwerp, Belgium, according to its official website.

Disclaimer: The stock declared new record date for bonus issue. 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.