Business and Finance Business and Finance
Sun, December 8, 2024
[ Sun, Dec 08th 2024 ] - Foreign Affairs
The Best of Books 2024
[ Sun, Dec 08th 2024 ] - MSN
Bashar al-Assad has FLED Syria
[ Sun, Dec 08th 2024 ] - MSN
Where is Bashar al-Assad?
[ Sun, Dec 08th 2024 ] - Seeking Alpha
ECAT: 21% Yield On ESG Stocks
[ Sun, Dec 08th 2024 ] - Mercury News
National Politics

1:1 Bonus, 2:1 Stock Split: Record Date on Dec 20; Should You Buy This Small-Cap Gem with 177% 5Y Returns?


Published on 2024-12-08 05:00:48 - Goodreturns
  Print publication without navigation

  • Linc Ltd., a major small-cap player in the printing and stationery industry, has made a significant announcement regarding its equity structure.

The article from Goodreturns discusses the upcoming corporate actions by Aurionpro Solutions, a small-cap IT company, which includes a 1:1 bonus issue and a 2:1 stock split, with the record date set for December 20, 2023. Aurionpro has shown significant growth, with its stock price increasing by 177% over five years, and it has recently secured a major contract worth $10 million. The company's financial health is robust, evidenced by a 66% year-on-year revenue increase in the first half of FY24 and a 54% rise in net profit. Despite these positive developments, the article advises caution due to the stock's high valuation, suggesting that while the bonus and split could make the stock more accessible, potential investors should consider the company's high price-to-earnings ratio and the inherent risks of small-cap investments.

Read the Full Goodreturns Article at:
[ https://www.goodreturns.in/personal-finance/1-1-bonus-2-1-stock-split-record-date-on-dec-20-should-you-buy-this-small-cap-gem-with-177-5y-re-1392619.html ]
Similar Business and Finance Articles