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.
The stock gives details pertaining to Rights Issue record date and other vital information.
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By Renu Baliyan Goodreturns source: Dailyhunt