Shares of Bharat Gears have climbed around 25% in the last 5 days. The company is preparing to gift bonus shares to its investors. The company can recommend bonus shares in its meeting to be held on 19 August 2022.
Auto component company prepares to issue bonus shares up to 25% in 5 days
In the last few days, there has been a tremendous jump in the shares of the small cap company that makes auto parts. The company’s shares have gained about 25 per cent in the last five days.
This company is Bharat Gears Limited.
The company is preparing to gift bonus shares to its investors. Bharat Gears has informed the Exchange that the Bonus Shares may be recommended to the investors in the meeting to be held on 19th August 2022. The company’s shares hit a 52-week low of Rs. is 110.62. At the same time, the market cap of the company is Rs 176 crore.
The company’s share increased from Rs 140 to Rs 182
In the last 5 trading sessions, the shares of Bharat Gears have gained Rs. 140 to Rs. 182 has happened. The shares of Bharat Gears got listed on the National Stock Exchange (NSE) on 11 August 2022. were at the level of 141.20. The company’s shares traded on NSE on 18 August 2022 at Rs. traded on.
reached the highest level of 182. At present, the company’s shares are trading at a level of Rs 173.50. The stock of Bharat Gears has gained about 19 per cent in the last one month.
Share went from Rs 23 to Rs 170 in 29 months
The shares of Bharat Gears Limited have seen good growth in the last two and a half years. During this time the shares of the company increased to Rs. has increased from 23 to 170.
On 27 March 2020, the shares of the company were traded on the National Stock Exchange (NSE) at Rs. were at the level of 22.99. On 18 August 2022, the company’s shares traded on NSE at Rs. It is trading at the level of 173.50.