π° Bonus Shares: MK Exim India Ltd Announces Distribution of Bonus Shares
π Record Date: Wednesday, 17th January 2024
π’ Eligibility: Qualified investors will receive 1 bonus share for every 2 shares held
π΅ Share Price: The shares of MK Exim India Ltd are priced below Rs. 200
π Filing Details: The company filed on 5th January 2024, stating that 1 bonus share will be given for every 2 shares with a face value of Rs. 10
β° Important Date: To avail the bonus shares, investors must purchase shares on Tuesday, 16th January 2024, as the company will check its record book on that day
π Previous Bonus Share Distribution: This is not the first time MK Exim Limited has distributed bonus shares. As per available data, the company issued bonus shares in 2022 as well, at a ratio of 2 shares for every 1 share held
π° Previous Dividend: In 2016, the company provided a dividend of 50 paise per share to its investors
πΌ Company Performance: After a 3.89% decline on Monday, the company’s shares closed at Rs. 164.30. However, due to the announcement of bonus shares, the share price has increased by 46% in the past month
πΉ Impressive Returns: Investors who have held the stock for the past six months have earned over 72% in profits. Over the last year, the company has provided nearly 100% returns, making it a multi-bagger stock
π Stock Performance: The 52-week high for the company’s shares is Rs. 180, while the 52-week low is Rs. 72.50. The market capitalization of the company stands at Rs. 442.16 crore
π Don’t miss out on the opportunity to receive bonus shares from MK Exim India Ltd! Purchase shares before the record date and enjoy potential gains in the future! π
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
