Avax Apparels and Ornaments Ltd. is set to trade ex-bonus on April 7, 2026.
The company has decided to issue three bonus shares for every one share held.
This is the first time Avax Apparels is offering bonus shares to its investors.
Earlier, the company also completed a stock split, reducing the face value of shares from ₹10 to ₹5 per share.
This split was effective from March 27, 2026, and the shares have already been trading as ex-split stock.
Strong Stock Performance
The stock has shown impressive growth recently:
Current price at market close: ₹168, up 1.82% on BSE
65% rise in the last three months
179% gain in six months, effectively doubling investors’ money
196% rise in one year
The company’s 52-week high is ₹168, while the low is ₹50.13. Its market capitalization stands at ₹34.92 crore.
As of the September quarter, promoters hold 41.97%, while the public holds 58.03% of the shares.
This version is concise, easy to understand, and emphasizes the bonus shares, stock split, and strong returns, which are the key points investors care about.
