Multibagger shares announce 1: 2 bonus share split. Details here

Multibagger Warehouse: The Board of Directors of GKP Printing & Packaging Co., Ltd. has approved and proposed to issue bonus shares. Bonus shares will be issued in a ratio of 1:2, i.e. one bonus share for holding two shares of the company. The company has yet to announce a record date for issuing bonus shares. The company’s shares hit a new 52-week high in trading Tuesday following the announcement of bonus shares.

The small cap company announced Indian Horse on the issuance of bonus shares, citing “The Board of Directors of the company has approved and recommended the issue of bonus shares paid off in the ratio 1: 2 (for example, every 2 shares paid off the contributed capital in full). then there is 1 bonus share) , subject to shareholder approval.” This bonus for existing shareholders is like a freeze because the company has delivered more than 1200% profits to its shareholders. for almost three years. This stock of many handbags with small hats has risen sharply compared to the surrounding 22 to 253 levels per person from May 2019 to August 2, 2022, a period of almost 3 years.

GKP Printing & Packaging Co., Ltd also informed the Indian exchanges that the meeting of the board of directors of the company is scheduled for August 8, 2022, in addition, to review and approve the matter of investment or acquisition of shares. part in the corporation’s M/s organization. Packwell Enterprises LLP for strategic alliances and corporate growth.

In Q1FY23, Maharashtra-based GKP Printing & Packaging Ltd reported 81.88% year-on-year revenue growth, well above a 3-year CAGR (Compound Annual Growth Rate) of 28.75 %. Its client base includes Tata Consultancy Services, Spectra International, Naaptol, ShopCJ, SM Foods, Almats Branding Solutions, etc.

In Tuesday’s trading, GKP Printing & Packaging Ltd stock ended with a market capitalization of 371 crore and its trading volume in Tuesday session was 1,452,173. Its book value per share is 14.84. This is a BSE listed stock and its 52-week high is 276 while the 52-week low is 11 pieces.

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