๐๐ Bonus Shares: A Rewarding Opportunity for Investors! ๐๐ฐ
๐ผ Sandur Manganese & Iron Ores Ltd has announced the record date for bonus shares, delighting its investors. This small-cap company has declared a bonus share ratio of 5:1, meaning shareholders will receive 5 bonus shares for every 1 share held.
๐ Sandur Manganese, a multi-bagger stock, has doubled investors’ money in just 3 months, proving its potential for lucrative returns.
๐๏ธ As per the filing with the exchange, the Board of Directors of Sandur Manganese & Iron Ores Ltd has set the record date for bonus shares on 2nd February 2024. The company will issue 5 bonus shares instead of 1 share to eligible shareholders.
๐ On Monday (29th January 2024), the share price surged by 6.12% to reach INR 3,397, demonstrating the market’s positive response to the news.
๐ญ Sandur Manganese & Iron Ore Ltd, also known as SMIORE, is involved in low phosphorus manganese and iron ore mining in the Hospet-Ballari region of Karnataka. The company boasts a market capitalization of INR 8,645.37 crore.
๐น Sandur Manganese’s stock price has provided strong returns to investors. In just 3 months, the stock has delivered over 110% returns, surpassing expectations. To put it simply, investors have doubled their money in a short period. Moreover, the stock has gained 15% in one week and 23% in one month. In a year, the stock has yielded an impressive return of 259%.
๐ฏ Don’t miss out on this exciting opportunity to earn bonus shares and potentially enjoy significant returns on your investment. Stay tuned for more updates on Sandur Manganese’s bonus shares.
๐ค๐ผ Invest wisely and make the most of this bonus share bonanza! Happy investing! ๐๐ฐ
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.
