Arham Technologies Share Price Crosses 200 Mark with 5% Increase!
📈 Arham Technologies Limited, a small-cap company in the SME sector, has announced the distribution of free bonus shares to its investors. The decision was made during a board meeting held on March 14, 2024. The company has declared a 1:1 ratio for the distribution of free bonus shares to its shareholders.
On Monday, March 18, 2024, Arham Technologies Limited’s share price closed at Rs. 207, witnessing a 5.00% increase. The following day, on Tuesday, March 19, 2024, the share price continued to rise by 5.00% to reach Rs. 207 in the market.
Arham Technologies primarily operates in the business of providing services to commercial brands as original equipment manufacturers. The company manufactures smart TVs and is well-known in the electronic manufacturing sector in central India.
The company has not yet announced the record date for issuing bonus shares. However, shareholders are informed that the bonus shares will be credited to their demat accounts within 60 days of approval for share allocation by SEBI. A general meeting for shareholders is scheduled for April 12, 2024.
Arham Technologies Limited’s shares closed at Rs. 197.15 on March 15, 2024, with a 5% upper circuit. The company has a total market capitalization of Rs. 166.79 crore. The 52-week high for the company’s shares was Rs. 302.90, while the low was Rs. 43.75.
Over the past year, the company’s shares have provided a return of 273% to its investors. Arham Technologies is headquartered in Raipur, Chhattisgarh, and has more than 500 B2B customers. The company was established in 2013.
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