Stock Under Rs 5: Rights Issue Record Date Tomorrow, Stock Hits 5 % Upper Circuit
Visagar Financial Services Ltd has announced rights issue in the ratio of 51:10.
The company has fixed price for the rights issue at Re 1 per share.
The company has fixed record date as December 30, 2022 for the rights issue.
The stock touched 5 % upper circuit in trade today when it climbed to Rs 2.46 apiece.
The stock has given multibagger returns over the years with last 5- years return at 768%.
The Board of Directors held on December 20, 2022 inter alia, fixed, the.
2. Visagar Financial Services Stock Performance & Return
The last trading price of the stock is Rs 2.46 apiece with an intraday gain of 4 .68%. The stock hit 5 % upper circuit intraday today.
The stock's 52- week high is Rs 6.97 apiece and 52- week low is Rs 1.22 apiece, respectively.
The company has a market capitalisation of Rs 23.99 crore.
3. About Visagar Financial Services Limited
It is a leading non- banking financial company.
It provides financial, corporate, and other advisory services for raising of funds from banks and other sources.
The small cap company was incorporated in 1994.
Disclaimer
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By Renu Baliyan Goodreturns source: goodreturns.in Dailyhunt