Bonus Share: Funding of ₹ 50000 turned ₹ 1 crore in 5 years, now the corporate is distributing bonus shares. – INA NEWS

Bonus Share: Scenic Exports (India) goes to present bonus shares to its shareholders within the ratio of 1:5. Because of this shareholders will get one new share as a bonus for each 5 shares they maintain. The document date for the bonus concern is January 3, 2025. Shareholders whose names seem within the information of the Register of Members of the Firm or the Depositories as helpful house owners of shares as on this date might be entitled to obtain the bonus shares.

The corporate had introduced the distribution of bonus shares on November 20, 2024. On Friday, December 27, the share value closed at Rs 1352.80 within the higher circuit on BSE with a acquire of 5 %. The market cap of the corporate is greater than Rs 450 crore.

19853 % return from Ceenik Exports (India) shares in 5 years

Scenic Exports inventory is a multibagger. Based on BSE knowledge, the share value has strengthened by 1177 % within the final one yr, by 5872 % in 2 years and by about 19853 % in 5 years. If somebody had invested Rs 50,000 in shares 5 years in the past and had not bought the shares until now, then the funding would have been round Rs 1 crore. Equally, in only one yr the share has remodeled Rs 1 lakh into greater than Rs 12 lakh.

Promoters held 64.54 % stake within the firm by the tip of September 2024. Scenic Exports’ inventory has gained 90 per cent in simply 6 months and 5 per cent in only one week.

Based on the information accessible on BSE, the standalone internet revenue of the corporate within the July-September 2024 quarter was Rs 4.29 crore. It was recorded at Rs 3.81 crore in April-June 2024 and Rs 57 lakh in FY 2024. Income particulars are being proven as nil.