New Delhi. Many ups and downs are being seen in the Indian stock market before the new year. Meanwhile, big news is coming out about 7NR, a big company in the stock market. The record date for 7NR Retail Limited Bonus is Monday i.e. today (28 November 2022). The company’s shares hit upper circuit of 5 percent on this special day. Let us tell you, whoever will be holding the shares of the company till the record date will be given a bonus in the ratio of 1:5. In the information given to the stock exchange, the company said, “The date of November 28, 2022 has been fixed by the Board of Directors. Any investor holding 5 shares of the company till the record date will get one bonus share. Whose face value will be only one rupee.
Let us tell you that according to the news sources of the stock market, bets can be placed on the IPO of this company from today. Although its shares have already been divided. Before this bonus, 1 share of the company has been divided into 10 parts. This small cap company is trading as X-Split in March 2022. At the same time, a rights issue has also been issued by the company. In August this year, the company’s shares were trading as X-Rights.
How has the company’s shares performed in the past?
During the last 1 month, the share prices of the company have seen a decline of up to 34 percent. On the other hand, someone who had placed a bet on the company 6 months back would have lost 43.55 percent of his investment money. Talking about the year 2022, the shares of 7NR Retail had seen a decline of up to 34 percent. The company’s shares hit a 52-week high of Rs 2.61. Then you also want to invest in this company in the stock market, then you must have understood the whole math here and can invest wisely.