The market value of this company is 494 crores and the company has given dividend to the investor many times before giving bonus shares and this time this company is ready to give a free stock to its investor, along with this, the company’s stock has seen a good rise for the last few days and has also got good returns in the last 52 weeks.
Whenever a company announces to give bonus shares, the demand for the company’s stock increases in the market and the special thing is that if the fundamental figures and share holding figures of the company remain strong, then investors are also ready to invest in this company because there are some companies in the market whose fundamental figures and share holding figures are very weak and there is always a risk in these stocks.
This company has announced to give bonus shares
Investment & Precision company which has reached a high market of Rs 1094 in 52 weeks and in 2002 the price of the stock of this company in the market was ₹ 2 and now the stock of this company is trading at ₹ 939. Investors are eyeing this stock for the last few days because the company has set the record date of bonus shares on 27 June 2024. The company has said that the company will give bonus shares in one to one ratio and in the last 5 years the investor has also got good returns. Investors are also keeping this stock in their portfolio because in the last 5 years there has been a profit of more than 535%.
The figures are strong
The company’s share holding is strong because 51% is held by the promoter and 47% is held by retail investors while less than 1% is held by foreign investors. However, the profit of this company is not that great because the company has a quarterly profit of Rs 2 crore and annual profit is Rs 8 crore but the company still gave dividend to its investors.
In the last 20 years, a huge increase has been seen in the company’s stock because the company’s stock has traveled from ₹ 2 to ₹ 1000 and now they are making investors happy by giving bonus shares.
What does this company do
Talking about the business model of Investment & Precision company, here it does the business of investment casting solution, which means the company gives solutions to people related to investment and the company and business have been running for a long time in which the company is also making a good profit because the profit of all the companies in this model is not so tremendous.
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Kartikeya Bhardwaj is a skilled finance writer with over 3 years of experience covering the Indian stock market, cryptocurrency trends, and personal finance strategies. With a strong grasp of market dynamics and digital finance tools, Kartikeya simplifies complex financial topics into easy-to-understand content for everyday readers.
A graduate with a Bachelor of Computer Applications (BCA), Kartikeya combines technical expertise with a deep passion for financial literacy. His work focuses on helping young investors, traders, and savers make smarter money decisions in today’s fast-moving economy.
Kartikeya is a regular contributor to Paisaverse.in, where he shares timely updates, analytical insights, and practical money tips to empower the Indian financial community.
