1:1 and 3:1 Bonus Stocks: Two Issues of Small Cap Multibagger Stocks Fresh Information Regarding Bonus Issue

Regarding the bonus concerns, two small-cap businesses released additional updates. Shukra Pharmaceuticals and The Anup Engineering Ltd. are these two businesses. Over time, Anup Engineering Ltd. and Shukra Pharmaceuticals shares provided multibagger returns to their stockholders. Anup Engineering Ltd. announced a 1:1 bonus issuance, whereas Shukra Pharmaceuticals suggested a 3:1 bonus share.

In only the previous three months, Shukra Pharmaceuticals has provided 197%. Anup Engineering’s stock increased 221% in the previous year, and over the previous twelve months, the company gave an equity dividend of Rs 15.00 per share. Further information is provided below:

Shukra Pharma Provides An Update Regarding The 3:1 Bonus Problem: The date of the ex-bonus was April 19, 2024. According to the company’s April 25 regulatory filing, “On April 3, 2024, shareholders approved the company’s issuance of bonus shares through postal ballot; on March 18, 2024, the BSE granted its in-principle approval.” In today’s meeting, the Board of Directors authorized the issuance of 3,28,40,958 shares with a face value of Rs. 10/-[Rupees Ten Only] apiece, meaning that there would be 3 new equity shares for every 1 equity share owned by shareholders as of the record date, which is April 20, 2024.”

Performance and Return of Shukra Pharmaceuticals Share: The share’s most recent BSE trading price is Rs 93.40, representing a 1.97% intraday gain. Shukra Pharmaceuticals’ shares are trading at a 52-week high of Rs 97.00 per share on the BSE as of 07/03/2024, and a 52-week low of Rs 20.43 per share as of 27/10/2023. The market value of the firm is Rs 408.98 crore.
The stock of Shukra Pharmaceuticals has returned 207% so far this year, 327 percent in the previous year, and 2639% in the previous two.

2. Engineering Firm Anup Fresh Information Regarding Bonus Issue: The date of the ex-bonus was set on April 23, 2024. According to the business’s April 26, 2024 exchange statement, “We would like to inform you that on Friday, April 26, 2024, the management committee of the company allocated 99,50,483 Bonus Equity Shares of Rs. 10/- each.” The shareholders whose names are listed on the Register of Members or list of beneficial owners as of April 23, 2024 (“Record Date”) are entitled to the shares in the ratio of 1:1, or 1 (one) new fully paid-up equity share of Rs. 10/-per for every 1 (one) fully paid-up equity share of Rs. 10/-per held.”

Anup Engineering Ltd. Share Performance & Return: The company’s shares are now trading at Rs. 1792.95 on the BSE, down 1.12% on the day. Anup Engineering shares trade on the BSE for Rs 1999.00 at their 52-week high (as of April 23, 2024) and Rs 553.25 at their 52-week low (as of April 27, 2023). The market capitalization of Anup Engineering is Rs 3,568.14 crore. The market capitalization of the firm is Rs 3,568.14 crore. The shares of Anup Engineering increased 78% during the previous six months, 221% over the previous year, and 311% over the previous two years.

Prior to this, on March 15, 2024, the Company signed a formal share purchase agreement to buy all of Mabel Engineering Private Limited’s equity shares. (“Mabel”).
Since July 30, 2019, Anup Engineering Ltd. has declared five dividends. It declared an equity dividend of Rs 15.00 per share throughout the last 12 months.