Raghav Productivity Enhancers Ltd is making some noteworthy moves! The recommendation for a 1:1 bonus share and a significant increase in consolidated net profit is certainly impressive. Here’s a quick recap of the key details:
- Bonus Share: 1:1 bonus share is proposed, with the record date set for November 15, 2024.
- Current Price: ₹1,265.15 per share (declined by 4.56% today).
- Market Capitalization: ₹2,903.85 crore.
- Recent Performance: The shares have provided a 111.71% return over the last six months and hit a 52-week high today.
- Q2 Results: Consolidated revenue increased to ₹4,950.07 crore, and net profit surged by 37.81% year-on-year.
- Price History: 52-week high of ₹1,394.60 and a low of ₹532.00.
- Analyst Opinion: Some analysts suggest booking profits at current levels, considering the stock is overbought, while others remain bullish on its potential.
With such strong performance and upcoming developments, it will be interesting to see how this plays out for investors! Are you considering any moves with this stock?
Disclaimer: This information is for informational purposes only and should not be construed as investment advice. Investing in stocks carries risks, and it is recommended to conduct thorough research or consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results. The author and affiliated parties do not accept any liability for any loss or damage arising from the use of this information.
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