Two multibagger stocks that will trade ex-bonus next week are Avantel and Cosmo Films. This means that the ex-date will be the final day to purchase the shares in order to be eligible in the record book of the companies for a bonus share issuance that has been announced.
Avantel Ltd. announced a 3:1 bonus issue on 6th May 2022. This means that eligible shareholders will receive three equity shares for every equity share that they hold on the record date. The shares will trade ex-bonus from 17th June 2022 and the record date is 20th June 2022.
The shares of the company have given multibagger returns of 132.01% in the past year. This means that if an investor would have invested ₹ 1,00,000 in the shares of the company a year ago, the value of their holdings would have been ₹ 2,32,010 today.
Avantel specializes in integrating technologies related to wireless front-end, satellite communication, embedded systems, network management, signal processing and software development.
Cosmo Films Ltd.
The company announced a bonus issue in the ratio of 1:2 on 9th May 2022. This means that eligible shareholders will receive one equity share for every two equity shares that they hold on the record date. The shares will start trading ex-bonus from 16th June 2022 and the record date for the issue is 18th June 2022.
The shares of Cosmo Films Ltd. have given multibagger returns of 105.56% in the past year. Therefore, if an investor would have invested ₹ 1,00,000 in the shares of the company a year ago, the value of their holdings would have been ₹2,05,560 today!
Cosmo Films Limited is an Indian multinational corporation. It manufactures bi-axially oriented polypropylene films (BOPP) for packaging, label, lamination and industrial applications.
The content in this news article is not investment advice. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
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