Stock Market: Keep an eye on these 2 multibaggers, bonus and split may be announced next week
The stock of the company considering stock split has given a return of 262 percent in one year. On the other hand, the one-year return of the company considering bonus is 145 percent
Next week, the board meeting of more than 50 companies is going to be held. Due to the announcements of the meeting, action can be seen in the stock of many of these companies. One of these companies will consider the proposal of bonus, while the other company may consider the split of the stock. The stocks of both the companies have fallen well below their highest level of last year. However, even after this fall, the one-year return of these stocks has been a multibagger. Keep in mind that this is not investment advice. Here is information related to the corporate action of these companies.
Which companies can make the announcement
NBFC Virat Leasing said in the information sent to the stock market this week that the board meeting of the company is going to be held on March 25. The company will consider the proposal of split of the stock in this meeting and can take its decision on it. In the last trading session, there was a sharp jump in the stock and the stock closed at 86.57 with a gain of more than 5 percent. The stock reached its year’s low of around 19 in March last year. At the same time, in September 2024, the stock has recorded its year’s highest level of 142. The one-year return of the stock is 262 percent.
The board meeting of Arunjyoti Bio Venture is going to be held next week. The company had said in the information sent to the market on March 10 that the Board of Directors meeting is going to be held on Monday 24 March. In this meeting, the proposal to issue bonus will be discussed and it can be approved.
In the last session, the stock has fallen by about 3 percent and the stock closed at 14.27. The stock is part of the XT Group on BSE. The stock reached a year’s low of 4.7 about a year ago. At the end of last year, the stock reached a year high of 21. The one-year return of the stock is 145 percent.
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