Amazing Opportunity: A free share will be available with a dividend of Rs 50 on every share, the returns have also been strong


Stocks

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Gloster Dividend & Bonus Share : Gloster Limited is a small cap company engaged in the textile sector. The company has announced 1:1 bonus issue and interim dividend for its shareholders on 7th November. The company’s market capital at present is Rs 921.91 crore. The company has set the record date for dividend as November 16, 2022. The record date for issuance of bonus by the company is yet to be decided. If you buy the stock now, you will be eligible for a dividend of Rs 50 and a 1:1 bonus issue. Here 1:1 means you will get one free share for every share.

announced the payment of dividend
The board members of the small cap company said in a BSE filing that the interim dividend would be paid at the rate of 500 per cent, or Rs 50 per share, on face value shares of Rs 10 each. This dividend will be given on 54,71,630 equity shares. This dividend will be paid on or before 30 November 2022. The record date for this is November 16.

bonus share issue
The board of directors of the textile sector company in the filing said that fully paid up bonus equity shares of Rs 10 each will be issued in the ratio of 1:1 i.e. 1 (one) bonus share will be issued for every 1 (one) share. Shareholders will receive one bonus share for each share they hold.

One FREE share with dividend of Rs.50 on every share

52 week high and low
The current market price of the share is Rs 1684.90. The stock has a 52-week high of Rs 1744 and a 52-week low of Rs 905.80. It gave 12.40 per cent returns in the last 5 trading days of the week. Whereas in a month it has jumped 51.59 percent. Its 6-month return has been 56.56 percent.

1 year return
The stock has given 56.85% return in 2022 so far. At the same time, its return for the last one year has been 50.20 percent. It has given 37.74% return in 5 years. It has given 385.35% return since 27 March 2020. On 27 March 2020, the stock market fell to its lowest level in many years due to the arrival of Corona.

One FREE share with dividend of Rs.50 on every share

What is the business of the company
Samol-Cap Company Gloster Ltd. is engaged in the manufacture of all types of jute and jute related products, woven and non-woven jute geotextiles, treated fabrics – rot proof, fire retardant, interior decoration and jute products for packaging of industrial and agricultural products. engaged in manufacturing and exporting.

This company will also issue bonus shares
Motherson Sumi Wiring has set a record date for the 2:5 bonus issue. This date is Thursday, November 17, 2022. On that day the company will decide the eligibility of the shareholders entitled to issue bonus shares. Shareholders will get 2 bonus shares for every 5 shares. Its stock has given a return of 31.74% in the last 1 year. Motherson Sumi Wiring India Limited is a leading and rapidly growing full-system solution provider for OEMs in the Wiring Harness segment in India.

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english summary

gloster free share will be available with a dividend of Rs 50 on every share

The board members of the small cap company said in a BSE filing that the interim dividend would be paid at the rate of 500 per cent, or Rs 50 per share, on face value shares of Rs 10 each.

Story first published: Tuesday, November 8, 2022, 19:11 [IST]





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