{"id":78696,"date":"2022-12-20T17:35:00","date_gmt":"2022-12-20T12:05:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=78696"},"modified":"2022-12-20T17:37:02","modified_gmt":"2022-12-20T12:07:02","slug":"multibagger-chemical-stock-which-gave-781-returns-has-announced-a-stock-split-check-the-details","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-chemical-stock-which-gave-781-returns-has-announced-a-stock-split-check-the-details\/","title":{"rendered":"Multibagger Chemical Stock which gave 781% returns has announced a stock split; Check the details"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-758867994\"><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>Vishnu Chemicals Limited is a small-cap business that operates in the chemical industry. It has been making and supplying chemicals for international firms in the steel, glass, pharmaceutical, pigments and dyes, leather and related sectors for three decades.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2081314267\"><!-- 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>The company informed the exchanges that its board has passed the necessary resolutions and has fixed Friday, January 13, 2023, as the record date for the purpose of sub-division of 1 equity share of \u20b9 10\/- each into 5 equity shares of \u20b9 2\/-each fully paid up. Further, it received shareholders&#8217; approval through a postal ballot by way of electronic means on 14th December 2022.&nbsp;<\/p><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/VISHNU\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Vishnu chemicals<\/a><\/strong> has a market capitalization of \u20b9 1852 crores. It has an excellent return on equity of 34.41%. However, its shares are trading at a price-to-equity (P\/E) ratio of 14.76, which is slightly higher than the industry P\/E of 13.49. Its promoters hold a 75% stake in the company.\u00a0<\/p><p>The company has given multibagger returns of 786.49% in the past two years as its share price rose from \u20b9 175.75 to the current level of \u20b9 1558.00. If an investor would have invested \u20b9 1 lakh in the company&#8217;s shares two years ago, the value of their holdings would have been \u20b9 8.86 lakhs today!&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1710666545\"><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>The stock had touched a 52-week-high of \u20b9 2,170.00 on 08-September-2022 and a 52-week-low of \u20b9 785.00 on 22-December-2021, indicating that at the current market price the stock is trading at 28.20% below the 1 year high and 98.47% above the 1 year low.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Simran Bafna\u00a0<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>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.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1456314821\"><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>Vishnu Chemicals Limited is a small-cap business that operates in the chemical industry. It has been making and supplying chemicals for international firms in the steel, glass, pharmaceutical, pigments and dyes, leather and related sectors for three decades.&nbsp; The company informed the exchanges that its board has passed the necessary resolutions and has fixed Friday, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":23777,"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":[2839,3418,3555,3464,4048,2660,3872,2844,3913,3912,2838,3771,2843,2659,936,3855,3856,5226],"class_list":["post-78696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-best-multibagger-stocks","tag-multibagger-companies","tag-multibagger-penny-stocks","tag-multibagger-returns","tag-multibagger-smallcaps","tag-multibagger-stock","tag-multibagger-stock-india","tag-multibagger-stock-list","tag-multibagger-stock-to-buy","tag-multibagger-stock-to-watch","tag-multibagger-stocks","tag-multibagger-stocks-2022","tag-multibagger-stocks-india","tag-multibaggers","tag-stock-market-news","tag-stock-split","tag-stock-split-announcement","tag-stock-split-declared"],"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>Multibagger Chemical Stock which gave 781% returns has announced a stock split; Check the details - Trade Brains Features<\/title>\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\/multibagger-chemical-stock-which-gave-781-returns-has-announced-a-stock-split-check-the-details\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Multibagger Chemical Stock which gave 781% returns has announced a stock split; Check the details\" \/>\n<meta property=\"og:description\" content=\"Vishnu Chemicals Limited is a small-cap business that operates in the chemical industry. 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