Suspense Crime Sach Ka Dam
Multibagger stock Bharat Global Developers Limited (BGDL) registered a gain of 5 percent today. The stock closed at Rs 1,097.95. In this sell-off market, the stock gave a great return of 21.54% in the last 5 days. If we look at the return of the last 1 year, the stock has given a bumper return of 5,784%. At the same time, in the last 6 months, the stock has given a great return of 508.45%. If we look at the share price, on November 13, 2023, the share price was Rs 18.66, which has now increased to Rs 1,097. If an investor had invested Rs 9330 in the stock of this company exactly one year later, then his portfolio would have had 500 shares. In one year, its price has now increased to Rs 5,48,975.
Now preparations are being made to give bonus shares.
The company said its board will meet on November 18 to discuss a stock split, bonus share issuance, and dividend. The company said it will consider issuing bonus shares in the ratio of 10:8, which means shareholders can get eight additional shares for every ten shares held, reflecting BGDL’s strong financial performance. Additionally, the board plans to evaluate a stock split of up to 1:10 to make the shares more affordable and increase liquidity in the market.
Dividends will also be announced.
The exchange filing from the company further said, “The board will review the possibility of paying a dividend of up to 100%. If the proposal is approved, shareholders will receive a significant return on investment, demonstrating BGDL’s commitment to returning profits and highlighting the company’s strong financial position and consistent cash flows.”
