Multibagger Jewellery Stock Announces 2:3 Bonus Share, Stock Up 129% In 6 Months

U. H. Zaveri Ltd. is a valued Jewellery Store that has fixed its record date for 2:3 bonus shares to be on October 19, 2022. In the last 6 months, it became a multibagger stock with a 129.50% upside on BSE.

The company stated, "Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to inform you that the company has fixed Wednesday, October 19, 2022 as the Record Date for determining the eligibility of members for the purpose of Bonus Issue of the equity shares of the company for face value of Rs. 10 each subject to In Principal approval letter of BSE Limited." Bonus shares are known as the additional shares offered by a company to its current shareholders as fully paid shares, without any extra cost.

U. H. Zaveri Ltd. - stock performance

The current market price of U. H. Zaveri Ltd. closed at Rs. 36.95 till last traded on BSE. The stock has surged by 6.33% in the past 5 days. Additionally, in the last 1 year its share price gained sharply by 195.60%. The 52-week high level of this stock is Rs. 36.95, and the 52-week low level of this stock is Rs. 12.50. This small-cap company has a market capitalization of Rs. 22 crore.

The company's business operations are divided into two divisions. One division of their business operations is into wholesale trading of jewellery and the second division is into Retail trading of jewellery.

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