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Multibagger Stock: Companies which have given excellent returns in the stock market in the last few years. One of them is Genus Power Infrastructures Ltd. The company’s share price has seen an increase of more than 900 percent. During this period the share price was Rs. 26.15 to Rs. reached the level of 258.75. Let’s know about this multibagger stock in details –
33 times subscription on first day, GMP of IPO Rs. 270 across, priced at Rs. Less than 100
The stock has been on the upper circuit for 5 days
Shares of Jeans Power Infrastructure Ltd are facing upper circuit from August 28, 2023. On Friday i.e. August 1, 2023, after imposition of upper circuit in the shares of the company, the share price was Rs. reached the level of 271.60. The good thing for the positional investors of the company is that they are now going to get the dividend.
This powerful railway company got 322 crores of work, shares were looted
Record Date Announced for Dividend (Genus Power Infrastructures Ltd. Dividend Amount)
On August 26, 2023, Genus Power Infrastructure Limited informed the stock exchanges that a 75 per cent dividend would be paid on shares with a face value of Rs 1. It means that eligible investors will get a dividend of Rs 0.75 per share. Genus Power Infrastructure Limited has set a record date of September 21, 2023 for the dividend.
How is the company performing in the stock market? (Genus Power Infrastructures Limited Stock Market)
During the last 3 years, the share price of Jeans Power Infrastructure Limited has seen a 949 percent increase. The good news for investors is that the company’s share price has seen a jump of 205 percent during the year 2023.