Read on the application
Bonus Share 2023: Small Cap Stock Schilcher Technologies Ltd. (Shilcher Technologies) shares rose 5.46% on Tuesday. The stock surged after the board member set a record date for 1:1 bonus shares. The stock hit a new 52-week high on Tuesday. The stock had earlier hit a 52-week high on August 28. The share price of the company is Rs 3,344.80.
What the company said
In a BSE filing, the company said, “We would like to inform you that the issue of bonus shares in the ratio of 1:1 has been fixed for record on Wednesday, September 6, 2023. On this day, the eligible shareholders will receive one additional share of the company for every one share. Additional share will be given.
243% return YTD
Shares of Silchar Technologies gained 243% YTD and gave a massive return of 486% in the last 1 year. It has returned 20.05% in last one month and 6.86% in last five days. The stock has gained 804.49% in the last five years.