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Jay Bharat Maruti Bonus Share Latest News !! #JayBharatMaruti Stock price going higher
- Published on: 5/13/2021
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0:02 Introduction about the company
In this video we will learn about Jay Bharat Maruti Bonus Share Latest News !! #JayBharatMaruti Stock price going higher
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Jay Bharat Maruti surged 7.87% to Rs 287.05 after the company's consolidated net profit jumped 105.4% to Rs 20.17 crore in Q4 FY21 from Rs 9.82 crore in Q4 FY20.
The company's board has recommended issuing bonus equity shares in the proportion of 1:1, i.e. one bonus equity share for every one equity share held as on record date, subject to necessary approvals.
The company would be seeking approval of the members for the aforesaid in the ensuing annual general meeting of the company and record date for determining eligible members for the aforesaid issue will be informed in due course of time.
The board has recommended a dividend of Rs 1.25 per share for the year ended 31st March 2021.
Jay Bharat Maruti manufactures sheet metal components, assemblies and sub-assembles and is a dedicated ancillary to Maruti Udyog.
01:06 - Fundamentals of the stock
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03:06 - Technicals Analysis of the stock
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You will learn about - Investor Psychology, Intelligent Investment, risk factors
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