Bonus Issue: These two smallcap company to offer free shares! Do you own?

Bonus Shares: The markets person remained volatile of precocious and investors person suffered immense losses. However, the selling unit of FIIs seems to beryllium decreasing. Amid this, galore companies person announced bonus shares. Here we are going to archer you astir 2 specified multibagger smallcap stocks which are going to springiness bonus shares successful the coming days. 

Kitex Garments 

The absorption of Kerala-based textile institution Kitex Garments has said that the institution is considering giving bonus shares. The institution said successful an speech filing that a determination volition beryllium taken connected the connection during the company's committee gathering connected Friday, November 22.

Kitex Garments Share Price

After this announcement, the company's shares roseate by 5 per cent and deed the precocious circuit. The banal reached a terms of Rs 637. Earlier connected November 8, 2024, the banal had touched a 52-week precocious by reaching a terms of Rs 678.

Kitex Garments Share Price History

The banal has climbed astir 31 per cent successful 1 period and 188 per cent successful six months. It has fixed a multibagger instrumentality of 202 per cent successful 1 year.

Garware Technical Fibres

Garware Technical Fibres has announced bonus shares, aft which the banal deed an precocious circuit of 20 per cent. The banal besides touched a 52-week precocious of Rs 4,782 connected November 19. However, connected Tuesday it fell by much than 5.5 per cent and closed astatine Rs 4,427. 

The institution has announced that it volition springiness 4 caller shares arsenic a bonus for each 1 stock of look worth of Rs 10. That is, the institution volition springiness bonus shares successful the ratio of 4:1. Under this, the institution volition contented 7,94,12,676 bonus equity shares.

Garware Technical Fibres Share Price History

The banal has fixed bully returns to investors. It has gained 16 per cent successful the past 5 days. At the aforesaid time, it has seen a emergence of 36 per cent successful 6 months. The antagonistic has fixed a 38 per cent instrumentality successful 1 twelvemonth and 281 per cent successful 5 years.