Bonus Share News: Shares of MK Exim (India) Limited closed at Rs 124.60 after declining 1.27% during the day. In a ratio of 1:2, the business has set January 17, 2024, as the record date for bonus shares. This means that owners will be entitled to receive one bonus share for each two shares they own. MK Exim shares saw a 44% return in the previous year and a 5,388% increase in the previous five years. View the details below:
52-Week Trading Performance
MK Exim shares are trading at a 52-week high of Rs 134.70 per share on the BSE and a 52-week low of Rs 72.50 per share. The market capitalization of the company is Rs 335.32 crore. MK Exim’s stock increased by 32% over the previous six months, by 44% over the previous year, and by 1597% over the previous three years.
Record Date Announcement
According to the company’s regulatory filing that was released today, “This is to inform you that pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015, the Company has fixed Wednesday, 17 January, 2024 as the “RECORD DATE”, for the purpose of ascertaining the eligibility of shareholders entitled for issue of Bonus Equity Shares of the Company in the ratio of 1:2, i.e. 1 (One) Equity Share of Re 10/- each for every 2 (Two) Equity Shares of Re. 10/- each, which was recommended by the Board of Directors of the Company vide its meeting held on Saturday, 02″4 December, 2023 and for which approval of the shareholders have already been obtained through postal ballot on Thursday, 04th January, 2024.”
Financial Performance Highlights
The small-cap textile company reported net sales of Rs 26.54 crore for the month of September in 2023, a 3.09% increase over Rs 25.75 crore in the same time the previous year. September 2023 saw the company’s quarterly net profit of Rs 4.14 crore, which is 0.53% less than the Rs 4.17 crore earned in the corresponding quarter of the previous year.
EBITDA for the company was reported as Rs 5.77 crore in September 2023, an increase of 1.05% from Rs 5.71 crore in September 2022. From Rs 1.55 in September 2022 to Rs 1.54 in September 2023, its earnings per share (EPS) decreased.
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