Another interesting news for those, who like to invest in share market. As we came to know that KPI Green Energy Limited is preparing to give bonus shares for the second time in the year.
Company will decide the bonus share
The company’s board meeting is on 14 November 2024. In this meeting, the company will decide the bonus share. If the bonus share is approved, the bonus share will be given by the company for the second time. On Monday, the company’s stock closed at Rs 754 after falling 4.85 percent on the BSE. On 15 February 2024, shares of KPI Green Energy were traded as ex-bonus stocks. The company then gave one share bonus to eligible investors for 2 shares. In 2023 too, the company traded as an ex-bonus stock. Then the company gave one share as a bonus on one share.
Company had an ex-split trade
On July 18, the company had an ex-split trade. Then the shares of the company were divided into 2 parts. After which the face value of a share has come down from Rs 10 to Rs 5. Let me tell you, the company had an ex-dividend trade on 14 November 2024. After which qualified investors were given a dividend of 20 paise on a share. During the last one month, the company’s share prices have seen a decline of 9.23 percent.
At the same time, the stock price has decreased by 18.51 percent during the last 6 months. Even after this, positional investors have gained 58 percent in 2024. At the same time, the stock price has increased by 113.82 percent in the last one year. In this situation company can take a notable step to stable their company and maintain growth in market. The meeting which is scheduled to held in mid-November, will be an important one for the company, as well as the investors .