Good news for investors waiting for bonus shares. Infobeans Technologies Limited has announced to issue 3 bonus shares for every 1 share. That is, if an investor holds 1 share, he will get additional 3 shares for free. This multibagger stock is in the limelight in the market as it has returned more than 100 percent in the last one year.
The company has declared February 27 as the record date for bonus shares. Investors whose names are in the register of the company on the record date will get the benefit of bonus shares. It is noteworthy that the company is issuing bonus shares for the first time, due to which investors are seeing special enthusiasm.
Infobeans Technologies has also consistently paid dividends to investors. In the year 2025, the company will earn per share Rs. A dividend of 1 was declared. Apart from that, in 2023 and 2024 also, the company will pay Rs. A dividend of 1 was paid.
Shares of the company rose 2.38 percent to close at Rs 889.40 at market close on Friday. The share price has jumped 57 percent in the last three months, while the stock has returned around 160 percent in a year.
As per the shareholding pattern, promoters held 74.40 per cent stake in the September quarter, while public investors held 25.60 per cent stake. In the June quarter, promoters' share was 74.44 per cent and public's share was 25.56 per cent. After the announcement of bonus shares, investors are seeing a positive mood.
(Note: The information provided here is for your information only. Before making any investment, it is necessary to consult an expert.)
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