Bonus Share News: With a Surge in Stocks of Over 2253%, SG Mart Mulls Stock Split and Bonus Share in Jan 2024

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Sparsh Goel
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Bonus Share News: The Board of Directors of SG Mart Ltd will meet on January 8, 2023 to discuss a proposal for a bonus share and stock split. On the same day, the SG Mart Board of Directors will evaluate the company's unaudited financial statements. In the last year, SG Mart shares returned 2253% to shareholders. On the BSE, the last trading price of SG Mart shares was Rs 10,097.25 crore. The company with no debt has a market value of Rs 5,631.24 crore. Details are provided below:

SG Mart Will Consider Bonus Shares and a Stock Split

According to the company's January 2 BSE filing, "a meeting of the Board of Directors of the Company will be conducted on Monday, January 8, 2024, to, among other things, review and approve the following items:

  • The Company's unaudited financial figures for the quarter and nine months ending December 31, 2023
  • The proposal to subdivide/split the Company's equity shares with a face value of Rs. 10/- each in the manner determined by the Board.
  • The proposal to issue bonus shares to the Company's equity shareholders.

Performance and Return on SG Mart Stock

On the BSE, the 52-week high price of SG Mart shares is Rs 10,097.25 per share, and the 52-week low price is Rs 342.95 per share. SG Mart shares have risen 381% in the previous six months, 2253% in the last year, and 2125% in the last two years. SG Mart shares have increased 10,641% in the last three years.

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