Bonus stock: This small cap multibagger trades ex-bonus after yielding 365% return in 1 year

Bonus Stock, Jayant Infratech Bonus Record Date: Shares of Jayant Infratech are in focus today as they turn ex-bonus. The company has announced to issue bonus shares to its shareholders in the ratio of 2:1. It means that the company will issue 2 bonus or additional shares for every 1 share held.  

Jayant Infratech Bonus Record Date, Bonus Ratio

The company has fixed the record date for the purpose of ascertaining the eligibility of shareholders entitled to the issuance of bonus equity shares. The record date, according to an exchange filing by the company, is March 1.

"It is hereby intimated that the Company has fixed Wednesday, March 01, 2023 as the Record Date, for the purpose of ascertaining the eligibility of shareholders entitled for issuance of Bonus Equity Shares of the Company in the proportion of 2:1 i.e (two) bonus equity shares of Rs. 10 each for every 1 (One) fully paid-up equity share held as on record date," the company said in the filing.

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Jayant Infratech Share Price History

Shares of Jayant Infratech opened at Rs 136 apiece on BSE, up around 10 per cent, after bonus adjustment. The scrip had settled at Rs 371.35 apiece on Tuesday.

Jayant Infratech shares have yielded a multibagger return in the past one year. It has rallied a whopping 365 per cent, resulting in wealth gain for investors. At current market levels, Jayant Infratech has a market cap of Rs 44 crore.

Incorporated in the year 2003, Jayant Infratech is a technology-driven company with excellence in Railway Electrification & Infrastructure Projects.

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