Multibagger Stock: Investors have come out, money has been doubled in six months, now a stock will get three shares

New Delhi. Investors who have invested money in the stock of Real Estate Construction Company Growe India have become silver. In six months, where the money invested in this multibagger shares has become more than doubled, now they will also get the gift of bonus share. The company is going to give bonus shares to shareholders in a 3: 1 ratio. This ratio means that shareholders will get 3 newly paid -up share bonuses on the current 1 fully paid up share of Growe India with them. The company has set a record date on 23 October 2024 to decide the eligibility of shareholders for bonus share. This means that by this date, the shareholders whose names will be in the records of the register of the company or deposits, they will be entitled to get bonus shares.

It is worth noting that in the annual general meeting held on 30 September 2024, Grover India has taken the approval of shareholders for bonus share. Bonus shares were announced in August 2024. The special thing is that the company will give bonus share to shareholders for the first time.

150 percent profit made throughout the year

In the last one year too, the share of Grover India has given multibagger returns. In a year, the price of this stock has jumped by 150 percent. In the year 2024, this stock has risen 101 percent so far. It has increased by 41 percent in a month, so it has gained 27 percent in the last five trading sessions. By the end of June 2024, the promoters had 72.58 percent stake in Grovi India. The face value of the stock is Rs 10. The company’s market cap is Rs 73.32 crore.

(Disclaimer: The information given here is based on the share performance. Since the investment in the stock market is subject to market risk, take advice from a certifite investment advisor before investing. News18 Hindi will not be responsible for any loss you will be.)