Investors in Rajeshwari Cans Ltd have exciting news! The company has announced a bonus issue, offering one bonus share for every share held.
Here are the key details about the bonus shares and the record date.
Record Date for Bonus Shares
Rajeshwari Cans Ltd has declared December 19, 2024, as the record date for its bonus issue.
Investors must purchase the shares by Monday, December 18, to be eligible for the bonus shares.
Each bonus share will be issued for an existing share with a face value of Rs. 10. This marks the company’s first-ever bonus share issuance, adding value to its loyal shareholders.
The record date has been scheduled for Tuesday, December 19. Investors wishing to receive the bonus shares must purchase the stock by Monday, December 18.
This is the first time Rajeshwari Cans Ltd is offering bonus shares to its shareholders.
Rajeshwari Cans’ Stock Performance
Despite a recent dip, where the stock hit a 5% lower circuit and closed at Rs. 552.65 on the BSE, the company’s overall performance has been remarkable.
Short-Term Gains: Over the past three months, the stock has grown by 23.72%.
Mid-Term Growth: In the last six months, it has surged by a whopping 328%.
Long-Term Returns: The share price has provided an impressive 268% return over the past year and an extraordinary 2531% increase over three years.
This growth significantly surpasses the Sensex’s 43.49% rise in the same three-year period. The stock’s 52-week high stands at Rs. 705, while the 52-week low is Rs. 105.
Investors have much to celebrate with Rajeshwari Cans’ solid performance and the added benefit of bonus shares!
