A penny stock has delivered stellar returns over the years. This stock belongs to Ducon Infratechnologies. The company’s shares have increased from 27 paise to Rs 27 now. The company is now going to give bonus shares to its investors. The company’s shares closed at Rs 27.95, up 4.10 per cent, just before the record date of the bonus issue. The company’s shares have given a return of about 11 percent in the last 5 days.
1 lakh would have become more than 1 crore rupees
The shares of Ducon Infratechnologies Limited were at the level of 27 paise on the Bombay Stock Exchange on 23 May 2014. The company’s shares closed at Rs 27.95 on BSE on 18 April 2022. If a person had invested Rs 1 lakh in the shares of the company on May 23, 2014 and had retained his investment, at present this money would have been close to Rs 1.02 crore. The 52-week low of Ducon Infratechnologies shares is Rs 5.48. At the same time, the 52-week high-level is Rs 29.50.
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The company’s shares gave strong returns within 2 years
The shares of Ducon Infratechnologies Limited were at a level of Rs 2.22 on the Bombay Stock Exchange (BSE) as on 3 April 2020. The shares of the company have closed at Rs 27.95 on 18 April 2022. If a person had invested Rs 1 lakh in the shares of the company 2 years back and had allowed his investment to continue, then at present this money would have been much more than Rs 12.50 lakh. Shares of Ducon Infratechnologies have given investors returns of over 340 per cent in the last one year. At the same time, so far this year, the company’s shares have given more than 35 percent returns. The shares of the company have given a return of 140 per cent to the investors in the last 6 months.
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Ducon Infratechnologies Limited is going to issue Bonus Shares to its investors in the ratio of 1:10. The record date for issue of bonus is 19 April 2022. The market cap of Ducon Infratechnologies is around Rs 632.3 crore.