Penny stock Jonjua Overseas Ltd. has announced a bonus share issue for its investors. The company has decided to give 5 bonus shares for every 40 shares held.
This stock is currently trading at less than ₹10, making it a low-priced penny stock. The record date for this bonus issue falls before January 26.
Record Date for Bonus Shares
In an exchange filing, Jonjua Overseas Limited confirmed that January 23 has been fixed as the record date for the bonus issue.
Investors who hold the company’s shares by this date will be eligible to receive the bonus shares. The record date is very close, so eligible investors need to be alert.
Bonus Shares Issued Multiple Times
This is the fifth time the company is issuing bonus shares:
2019: 1 bonus share for every 25 shares
2021: 5 bonus shares for every 37 shares
2022: 4 bonus shares for every 23 shares
2023: 9 bonus shares for every 50 shares
2024: 5 bonus shares for every 40 shares
Share Price Performance
On Friday, at market close, the shares of Jonjua Overseas Limited ended at ₹6.02, showing a rise of 8.08% for the day.
However, the overall performance has been weak:
Down 30% in the last one month
Down 43% in the last 6 months
Down 35% in one year
The company’s 52-week high is ₹12.38, while the 52-week low is ₹5.51. The market capitalization of the company stands at ₹14.60 crore.
Long-Term Stock Performance
Down 43% in the last 2 years
Down 27% in the last 3 years
Down 77% in the last 5 years
