Multibagger Stock Chemical Company In India: If you are planning to invest in the stock market, then this news can prove to be useful for you. Investing in the stock market can also prove to be risky, for this you must take the advice of an expert. In the last few years, many companies have made handsome profits to their investors. Vishnu Chemicals, the small cap company of the stock market, has given a strong return of 1000 percent to its investors in just 3 years.
So much speed in 10 years
At the same time, the company’s shares have seen an increase of about 4 thousand percent in the last 10 years. It is being told that now this company has decided to split its shares. Due to this, the number of shares in the portfolio of investors has increased significantly, but its value seems to be falling.
Will split in 5:1
Vishnu Chemical has informed the stock exchange that its shares will be split in the ratio of 5:1, i.e. one fully paid-up equity with a face value of Rs 10 to 5 fully paid-up equity with a face value of Rs 2. will be divided into shares. Although it has got the approval of the board. This entire process will be done within 3 months of getting the approval of the shareholders. The company has increased the capital of its investors more than 41 times in 2 years. The shares of Vishnu Chemicals were at a price of Rs 40.75 on November 2, 2012, which is now up 4021.96 percent at a price of Rs 1788.80 in November today.
what does the company do
It is known that Vishnu Chemicals is a commodity chemical company. Which manufactures specialty chemicals. It supplies steel, glass, pharma, pigments and dyes to international companies. The company’s net profit jumped from Rs 29.31 crore on a quarterly basis to Rs 32.56 crore in July-September 2022. At the same time, revenue also increased from Rs 303.91 crore to Rs 321.52 crore in the same period.
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