{"id":113011,"date":"2023-11-02T10:51:36","date_gmt":"2023-11-02T05:21:36","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=113011"},"modified":"2023-11-02T10:51:42","modified_gmt":"2023-11-02T05:21:42","slug":"amitabh-bachchan-stock-fixes-record-date-for-17-bonus-issue-check-the-details","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/amitabh-bachchan-stock-fixes-record-date-for-17-bonus-issue-check-the-details\/","title":{"rendered":"Amitabh Bachchan stock fixes record date for 1:7 bonus issue; Check the details"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3840624361\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of the Leading Manufacturer of Premium Quality Steel Wires gained around 7 percent in five trading sessions after the company announced a record date for a bonus issue.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3571205350\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>On Thursday, <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/DPWIRES\/standalone?standalone=true\" target=\"_blank\" rel=\"noreferrer noopener\">D P Wires Ltd&#8217;s<\/a><\/strong> shares were trading at Rs 662.75 a share, up 1.32 percent from the previous close price and the company has a market capitalization of Rs 898 crores.\u00a0<\/p><p>According to the company\u2019s BSE filings, The company board of directors approved the Bonus Issue of Equity Shares in a 1:7 ratio, which means the company would issue one bonus share for every seven shares owned by existing shareholders.&nbsp;<\/p><p>The Company has set November 8th, 2023 as the Record Date for determining the Company&#8217;s list of shareholders eligible for bonus equity shares, Further, the shareholders of the Company have approved the issue of bonus shares by passing an Ordinary Resolution in the extraordinary general meeting held on Thursday, 26 October 2023.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1360710101\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Veteran Bollywood actor Mr. Amitabh Harivansh Rai Bachchan holds 1,99,310 shares in the firm as of the September 2023 quarter, equivalent to 1.47 percent.&nbsp;<\/p><p>The company\u2019s stock has gained 59 percent returns in six months and 57 percent over a year.&nbsp;<\/p><p>D P wires revenue has increased by 32 percent year on year, from Rs 200 crore in Q1FY23 to Rs 265 crore in Q1FY24. During the same period, net profit climbed by 57 percent, from Rs 7 crore to Rs 11 crore.&nbsp;<\/p><p>The Company&#8217;s return on equity increased from 19.14 percent in FY22 to 21.42 percent in FY23, while the return on capital employed rose from 26.47 percent to 29.77 percent during the same period.&nbsp;<\/p><p>According to the recent shareholding pattern, the company promoters hold 74.75 percent of the company, and retail investors have a 25.25 percent stake.&nbsp;<\/p><p>DP Wires is specialized in manufacturing, exporting, and the supply of premium quality specialized steel wires. The company&#8217;s products are used in the automobile industry, and infrastructure projects such as dams, bridges, flyovers, metros, etc.<\/p><div class=\"trade-content-10\" id=\"trade-635215968\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Omkar Chitnis<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. 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.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2613221740\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of the Leading Manufacturer of Premium Quality Steel Wires gained around 7 percent in five trading sessions after the company announced a record date for a bonus issue.&nbsp; On Thursday, D P Wires Ltd&#8217;s shares were trading at Rs 662.75 a share, up 1.32 percent from the previous close price and the company [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":113012,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[13908,13907,13906,948,936],"class_list":["post-113011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-d-p-wires-bonus-issue","tag-d-p-wires-latest-news","tag-d-p-wires-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Amitabh Bachchan stock fixes record date for 1:7 bonus issue; 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