Small Cap Stock gives 2000% Return in 3 Years; Company Announces Bonus Share

Shares of a small-cap company, Integra Essentia, have shown a strong bullish character in the last 3 years. The company's shares have increased from 33 paise to Rs 7 during this period, which means, the stock increased by more than 2000% in the last 3 years. Now, The small-cap company has announced to give bonus shares to its investors.

1 bonus share for every share

Integra Essentia told the stock exchanges that its board of directors in its meeting held on November 27 has decided to give bonus shares in the ratio of 1:1. That is, the company will give 1 bonus share for every share. However, The company has not yet announced the record date of the bonus shares. The company's board of directors has also approved raising funds up to Rs 100 crore.

1 Lakh becomes 23 Lakh

Shares of Integra Essentia were at 33 paise on 27 November 2020. On, November 24, 2023, The company's shares closed at Rs 7.02. In this way, shares of the smallcap company have given returns of 2027% to investors in the last 3 years. If a person had invested Rs 1 lakh in Integra Essentia shares on November 27, 2020, and had maintained his investment, the current value of these shares would have been Rs 21.27 lakh. 

Disclaimer - This is a news and a performance analysis of shares in a certain period of time. Jagran does not advise to invest. Please do proper research and take advice before investment.