Bonus Issue: Real estate company KBC Global shares are at less than one and a half rupees and now it is going to give a bonus share gift to its investors in a 1: 1 ratio, that is, one shares will be available for free on every stock. Last week, the board meeting on Saturday 15 February, along with the bonus issue, also made a big announcement related to changing the name of the company. Talking about the shares, today its shares have gone down by 4.24 per cent on BSE at Rs 1.23 (KBC Global Share Price). Talking about the move of shares in a year, it was a one -year high 2.56 rupees on 7 November 2024 and a one -bottom of Rs 1.08 on 14 February 2025. According to the information given in the exchange filing, the company has announced to change the name to Dharan Infra-EPC Limited or any similar name which is approved by the Registrar of Companies.
KBC Global has distributed shares in bonus earlier also
KBC Global shares are at such a low price because it has a stock split twice and once a bonus issue has been released. Let us know that after stock split and bonus issue, the number of shares in the portfolio increases but the value remains the same because the price of shares is adjusted. Talking about the first split, on 8 May 2020, the company announced to break shares with a face value of Rs 10 in a face value of Rs 2 i.e. 1: 5, whose record date was July 2, 2020. After this, on 31 May 2021, the company announced to break the shares with a face value of Rs 2 into a face value shares of Rs 1, whose record date was 12 August 2021. Now, talking about the bonus issue, on 14 July 2021, the company announced a bonus issue in a ratio of 4: 1, whose record date was 12 August 2021. The company has again announced a bonus issue in the ratio of 1: 1, whose record date is not yet decided.
How is the company’s health?
Talking about the health of microcap company KBC Global, the order book of this company with a market cap of Rs 314 crore is more than Rs 260 crore. Many investors, including Patanjali Foods and Herbal Park and Falcon Peak Fund, had invested Rs 99.50 crore through preference warrants. According to the data on BSE, its net deficit fell from Rs 15.30 crore to Rs 1.19 crore in the September quarter on a quarterly basis. However, during this time, revenue also fell from Rs 9.34 crore to Rs 6.20 crore.
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