Next week, many companies, including Dhanalaxmi Roto Spinners, will trade in the stock market as ex-bonus stocks. The company will give one bonus share for every share held.
The record date for this bonus issue is March 26, which means the stock will trade ex-bonus on Wednesday next week. This will be the company’s first time trading ex-bonus.
Company’s Performance and Dividend History
Dhanalaxmi Roto Spinners has been paying dividends regularly. The company gave its first dividend in 2022, offering Rs 1 per share.
In 2023, the dividend increased to Rs 1.25 per share, and in 2024, it rose further to Rs 1.50 per share.
The company has also shown good performance in the stock market. On Friday, the share price was Rs 251.30, showing a 3.46% gain.
Over the past week, the stock has gained more than 19%, and in the last year, it has increased by over 39%.
The company’s 52-week high was Rs 289, and the 52-week low was Rs 147. The company’s market capitalization is Rs 98.01 crore.
Currently, the promoter holds 47.64% of the company’s shares, while the public owns 52.36%.
Strong Stock Market Performance
As of Friday, Dhanalaxmi Roto Spinners’ shares were priced at Rs 251.30, reflecting a 3.46% increase.
Over the past week, the stock has gained more than 19%, and it has seen a growth of over 39% in the past year.
The company’s 52-week high stands at Rs 289, while the 52-week low is Rs 147. The company has a market capitalization of Rs 98.01 crore.
