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Bonus Share 2023: Shares of Indo US Bio-Tech Ltd (Indo US Bio-Tech Ltd) rose 10% today on Tuesday to Rs. 299 was done. Shares of the company are trading at X bonus today. Let us tell you that the company recently announced bonus shares for its shareholders in the ratio of 1:1. Indo US Bio-Tech Ltd. It is one of the multibagger stocks that have given amazing returns in 2023. This small-cap stock has returned more than 500 percent in the last one year.
What the company said
“Board members have recommended 1 for 1 bonus shares in their meeting held on July 7, 2023,” Multibagger Stock informed the Indian stock market about the bonus share issue. The company’s board of directors had earlier set the record date as August 25, 2023. However, they revised the record date of bonus shares to August 29, 2023.
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Company share price history
Indo US Bio-Tech shares continue to be a money-making stock for its local investors. This small-cap multibagger stock has returned over 55 percent in the past one month. While it has risen from around ₹239 to ₹530 on the BSE in the last six months. It has climbed over 120 percent during this time. In YTD time, this multibagger stock has risen from around ₹150 to ₹530 per share, and has contributed more than 250 percent during this time. The BSE-listed stock has risen from around ₹88 to ₹530 in the past one year, registering a gain of over 500 percent this time. This multibagger stock has returned more than 1100% to its shareholders in the last five years.