Tinna Rubber Share: Company Information, Current Status, and Free Bonus Announcement
Introduction:
Tinna Rubber Share, a company in the chemical sector of the stock market, has recently announced a free bonus for its investors. In this article, we will discuss the functioning of the company, its current position in the stock market, information about returns, and detailed information about the bonus shares.
Tinna Rubber And Infrastructure Ltd.
The company, Tinna Rubber And Infrastructure Ltd., was started in 1987 by Mr. Bhupendra Kumar Shekhri. It specializes in producing products such as ultra fine high structure tire crumb, hi tensile reclaim rubber, hi carbon steel shots, hi carban steel scrap, bitumen emulsion, and polymer modified bitumen.
Tinna Rubber Share: Current Status
The market capitalization of Tinna Rubber Share is Rs 691.95 crores. The promoter holding of the company is recorded at 73.81%. The company currently has a debt of Rs 58.68 crores and an amount of Rs 4.17 crores available in the form of free cash. The company has provided a dividend yield of 0.62% to its investors. The sales growth of the company has been recorded at 28.88% and profit growth at 26.38%.
Previous Return Information
Tinna Rubber Share has given significant returns to its investors. In the last 6 months, the company has given a return of 114%. In the last 1 year, the return has been 33%. In the last three years, the return has been a remarkable 274%. Over the last 5 years, the company has provided a return of 69%. These returns make Tinna Rubber Share an attractive investment option for both short-term and long-term investors.
Free Bonus Announcement
In June 2023, Tinna Rubber Share presented its quarterly results, showing a net sales of Rs 81 crores and a net profit of Rs 7 crores. The company has announced to give bonus shares to its investors. The ex-date for the bonus shares is set as 15 September 2023, and the record date is 16 September 2023. The bonus shares will be given in a ratio of 1:1, meaning for every share held, one additional share will be given for free.
Dolly Rajeev Khanna: Holding of Tinna Rubber Share
Tinna Rubber Share is currently trading at Rs 807 per share. Dolly Rajeev Khanna, a renowned investor in India, holds a 1.32% stake in the company, valued at Rs 9.12 crore. Dolly Rajeev Khanna’s total net worth is Rs 357 crore.
Disclaimer: The purpose of this news article is to provide information only. We do not advise investing in the stock market. The stock market is subject to risks, so it is recommended to seek expert advice before making any investment decisions.
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