The company is giving 2 bonus shares for 1 share, the price is less than 100 rupees, the money is double

Bonus Stock: Another name is going to be added to the list of bonus share giving companies. Bonus shares have been announced by Alliance Integrated Metallics Limited. The company gave this information to the stock markets on Saturday last week. Let us tell you that the share price of the company is less than 100 rupees.

IPO to open from June 3, price below Rs 150, investors happy after seeing GMP

Company is giving 2 bonus shares for 1 share

The board meeting of the company was held on Saturday, June 2, 2024. In this meeting it has been decided to issue 2 shares as bonus with face value of Rs 1 on each share. The company has not yet announced the record date for this bonus issue. Let us tell you that Alliance Integrated Metaliks Ltd is going to give bonus shares to investors for the first time.

The share is divided into 10 parts

On March 15, 2022, the company traded as an ex-split stock. The shares of the company were then divided into 10 parts. After the demerger, the face value of the company’s shares fell from Rs 10 to Rs 1 per share. The company has not yet paid dividends to the investors.

Money doubled in 1 year

On Friday, the company’s share price rose 1.40 percent to close at Rs. was at 71.79. According to Trendlyne data, the company’s share price has seen an increase of 165 percent in the last one year.

At the same time, investors who have held the stock for 6 months have made 86 percent profit so far. The good thing from the investor’s point of view is that the shares of the company have seen an increase of 3.4 percent in the last one month. Alliance Integrated Metaliks Ltd has a 52 week high of Rs 73.99 and a 52 week low of Rs 19.30 per share.

(This is not investment advice. Stock market is subject to risks. Consult experts before making any investment.)

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