{"id":115168,"date":"2023-12-08T13:39:31","date_gmt":"2023-12-08T08:09:31","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=115168"},"modified":"2023-12-08T13:39:36","modified_gmt":"2023-12-08T08:09:36","slug":"stock-hits-upper-circuit-after-company-sets-record-date-for-the-13-bonus-issue","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-hits-upper-circuit-after-company-sets-record-date-for-the-13-bonus-issue\/","title":{"rendered":"Stock hits upper circuit after company sets record date for the 1:3 bonus issue"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2420038843\"><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 share of this IT company gained up to 2 percent after the company announced the issuance of bonus equity shares of the company\u2019s shareholders in the proportion of 1:3&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-437018555\"><!-- 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>With a market capitalization of Rs 280.72 Crores. <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/542770\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Alphalogic Techsys Ltd<\/a><\/strong>, On Friday, The shares were trading at Rs 79.88 a share, an increase of 1.95 percent from the previous closing price.\u00a0<\/p><p>Establishing Friday, December 15, 2023, as the &#8220;Record Date,&#8221; Alphalogic Techsys Ltd. intends to ascertain the eligibility of shareholders entitled to the issuance of Bonus Equity Shares of the Company in the proportion of 1:3 Equity Shares of Rs. 05 each held, as per the company filing.&nbsp;<\/p><p>A 3.3 MW cogeneration power plant and a grain-based distillery with a capacity to produce 150,000 liters of fuel-grade bioethanol per day, along with byproducts like dried distillers grain solubles (DDGS) and CO2, are being set up by Alphalogic Techsys Ltd.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1972844323\"><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>Looking into the company&#8217;s performance revenue increased by 202 percent from Rs 4.14 Crore in Q2FY23 to Rs 12.51 Crore in Q2FY24. During the same period, net profit increased by 246 percent from Rs 0.52 crore to Rs 1.80 crore.&nbsp;<\/p><p>After obtaining all necessary statutory approvals, Alphalogic Techsys Ltd plans to establish a distillery plant in the Chandrapur district&#8217;s MIDC Tadali. Construction on the plant has already begun. The project is expected to change the game for your company, as the company is investing approximately 160.00 Crores to set it up.&nbsp;<\/p><p>Alphalogic Techsys Ltd is a company that offers consulting and information technology services. This specialized consulting company assists customers with their digital transformation process via Product Engineering and cloud Computing.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by:- Abhishek Singh<\/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-4263356919\"><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 share of this IT company gained up to 2 percent after the company announced the issuance of bonus equity shares of the company\u2019s shareholders in the proportion of 1:3&nbsp; With a market capitalization of Rs 280.72 Crores. Alphalogic Techsys Ltd, On Friday, The shares were trading at Rs 79.88 a share, an increase of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":28546,"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":[15032,9608,9607,948,936],"class_list":["post-115168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-alphalogic-techsys-bonus-issue","tag-alphalogic-techsys-latest-news","tag-alphalogic-techsys-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>Stock hits upper circuit after company sets record date for the 1:3 bonus issue - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The share of this IT company gained up to 2 percent after the company announced the issuance of bonus equity shares of the company\u2019s shareholders in the proportion of 1:3\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/stock-hits-upper-circuit-after-company-sets-record-date-for-the-13-bonus-issue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock hits upper circuit after company sets record date for the 1:3 bonus issue\" \/>\n<meta property=\"og:description\" content=\"The share of this IT company gained up to 2 percent after the company announced the issuance of bonus equity shares of the company\u2019s shareholders in the proportion of 1:3\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/stock-hits-upper-circuit-after-company-sets-record-date-for-the-13-bonus-issue\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-08T08:09:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-08T08:09:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Markets-7-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-hits-upper-circuit-after-company-sets-record-date-for-the-13-bonus-issue\/\",\"url\":\"https:\/\/tradebrains.in\/features\/stock-hits-upper-circuit-after-company-sets-record-date-for-the-13-bonus-issue\/\",\"name\":\"Stock hits upper circuit after company sets record date for the 1:3 bonus issue - 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