Infra Stock in Focus After Board Approves 1:1 Bonus Issue and Share Capital Hike
Bengaluru, Aug. 6 -- which provides construction and allied services across residential, commercial, and institutional projects in Gujarat, are in the spotlight after the board approved a bonus issue, increasing share liquidity and rewarding shareholders.
With a market capitalisation of Rs. 437 cr, the shares of Chavda Infra Limited closed at Rs. 134 per share, down from its previous close of Rs. 134.30 per share. The stock has delivered a 47% return over the last three years, while gaining 19% in the past year, 21% in the last six months, 26% over the past three months, and 49% in the last month.
Bonus Issue
The Board of Directors of Chavda Infra Limited has approved a 1:1 bonus issue plan that entitles shareholders to receive one pai...
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