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Iron and steel products maker Vardhman Special Steels is gifting bonus shares to its investors. The company is offering bonus shares in the ratio of 1:1. That is, Vardhman Special Steels will issue 1 bonus share for every 1 share held. The record date for the Bonus Shares is Friday, May 26, 2023. That is, the company’s shares will trade on Friday at ex-bonus. Shares of Vardhman Special Steels closed at Rs 416.30 on the BSE on Thursday.
Shares of the company climbed 106% in 11 months
Shares of Vardhman Special Steels have rallied nearly 106% in the last 11 months. The shares of the company were at the level of Rs 202.05 on June 22, 2022 at the Bombay Stock Exchange (BSE). Shares of Vardhman Special Steels closed at Rs.416.30 on May 25, 2023 at BSE. The 52-week high level of the company’s shares is Rs 430. At the same time, the 52-week low level of Vardhaman Special Steels is Rs 201.10.
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Shares gained 63% in 6 months
Shares of Vardhman Special Steels have gained more than 63% in the last 6 months. The shares of the company were at the level of Rs 254.70 on BSE as on 28 November 2022. The shares of the company have closed at Rs.416.30 on BSE on May 25, 2023. So far this year, the shares of the company have gained about 36%. On the other hand, the shares of Vardhman Special Steels have gained 219% in the last 5 years. The market cap of Vardhman Special Steels is Rs 1691 crore.
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Disclaimer: Information provided here is only about stock performance and does not constitute investment advice. Investment in share market is subject to risk and you should consult your advisor before investing.
