Bonus Shares: A Boon for Integra Essentia Shareholders
๐ Integra Essentia, a prominent penny stock company, witnessed a sell-off in its shares during Monday’s trading session. However, the company’s shares continue to exhibit strength.
๐ฐ The company received investments from large companies such as LIC, highlighting the confidence in Integra Essentia’s potential. With a total market capitalization of INR 332 crores, the company’s shares reached a high of INR 8.80 per share in the past 52 weeks, while the lowest level stood at INR 5.30.
๐น Over the past five days, Integra Essentia shares have provided a return of 13.28% to its investors. Furthermore, the stock price has seen a 10% surge in the last month.
โก On Tuesday, January 2, 2024, Integra Essentia’s shares were trading at INR 8.55, reflecting a 15.54% increase. The following day, Wednesday, January 3, 2024, the shares further rose by 20.34% to INR 10.6.
๐ Interestingly, on March 7, 2022, Integra Essentia shares were trading at INR 1.65, indicating a significant increase of 340% from that level.
๐ To reward its eligible shareholders, Integra Essentia announced the distribution of bonus shares. The record date for this distribution has been set as January 11, 2024. On this date, the company will issue 1 bonus share for every existing share held by its investors.
๐ผ The board of directors of Integra Essentia approved the bonus share offering on Monday, November 27, 2023.
๐ฃ In a previous announcement on September 14, 2023, Integra Essentia informed the Securities and Exchange Board of India (SEBI) that it had received an order worth INR 12 crores for premium rice and cashew supply. Several leading exporters in India have placed orders with the company.
๐ In 2023, Integra Essentia achieved sales worth approximately INR 270 crores. The company expects a 15% increase in sales during the current fiscal year.
๐ช Renowned companies like LIC have invested in Integra Essentia shares, further boosting the confidence in the company’s prospects. Based in New Delhi, Integra Essentia operates in the food and energy sector.
Don’t miss out on the opportunity to benefit from the bonus shares offered by Integra Essentia. Stay tuned for more updates on this exciting development!
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