Trading 88% above 52-week low, aluminum stock announced 1:2 free stock

With a market valuation of R228 Cr, Hardwyn India is a small aluminum business. With a global presence spanning over 50 years, Hardwyn is a manufacturer of door closers, floor springs, glass patch fittings, architectural fixed point fittings, shower enclosure fittings, shower hinges, plastic profiles, mortise knob and locks, spider fittings, shower system Sliding Shower, Motion Gate Series, Automatic Doors & Shower Doors, Stainless Steel Handrail & Handrail, Luxury Zinc Brass Handles, Cylindrical Locks, Furniture Locks, Telescopic Channels, Electronic Cabinets, Bathroom Accessories & Aluminum Profile. The company announced a bonus share of 1:2 and for the purpose of the same company announced a record date today.

“This is to inform that in accordance with Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) 2015, you must notify that the Company has set Friday, July 22™ 4, 2022 as the “Registration Date” for the purpose of verifying the eligibility of Shareholders who They are entitled to issue bonus shares fully paid up in a ratio of 1:2 (i.e. issue 1 (one) share for every two (two) shares owned by R10/- as on the record date mentioned above), each subject to shareholder approval.

On the New York Stock Exchange, the stock rose 2.31 percent and settled at R225.95 today from its previous close at R220.85. YTD (YTD) Inventory Growth From R120 on April 12, 2022, to the current level yielding a return of 88.29 percent. The stock has fallen 8.65 percent over the past six months, and 3.23 percent over the past five trading days. At the current price of R225.95, the stock is trading 88.29 percent above its 52-week low and 16.63 percent below its 52-week high on the New York Stock Exchange, reaching a 52-week high. R271.05 on June 9, 2022 and a 52-week low at R120.00 on April 12, 2022, respectively. The stock is trading above the 100 day and 200 day moving averages but below the five day, twenty day and fifty day moving averages at the current market price.

See all business news, market news, breaking news events and the latest news updates on the Live Mint. Download the Mint News app for daily market updates.

more less

participation in Mint newsletters

* Enter an available email

* Thank you for subscribing to our newsletter.

Add your comment

%d bloggers like this: