VTM Ltd Reports 184% Return, Plans Bonus Shares Ahead Of Board Meeting
VTM Ltd has delivered 184 per cent returns in a year, with plans for bonus shares. The board meeting on April 16 will decide the bonus issue. The stock trades below Rs 200 per share, with a market cap of Rs 800 crore.
Exceptional Growth, Bonus Share Announcement Pending |
Mumbai: VTM Ltd has shown remarkable performance, delivering an impressive 184 per cent return to investors over the past year. As of Tuesday, the stock is trading at Rs 195.35 on the BSE. However, trading has been temporarily suspended yesterday. The company’s share price has surged over 10% in the last month alone. The 52-week high and low stand at Rs 232.35 and Rs 63.11, respectively.
Bonus Shares and Board Meeting
VTM Ltd has informed the exchange about an upcoming board meeting on April 16, where the decision regarding bonus shares will be made. If approved, the stock will trade ex-bonus, providing additional value to shareholders.
Consistent Dividend Payouts
The company has a history of paying regular dividends since 2008. In January this year, investors received Rs 0.25 per share as a dividend after the stock went ex-dividend. In 2021, VTM Ltd executed a 10-for-1 stock split, reducing the face value to Re 1 per share.
Market Overview
With a market capitalization of approximately Rs 800 crore, VTM Ltd continues to attract investor interest due to its consistent performance, growth trajectory, and dividend history.
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