{"id":97752,"date":"2023-03-28T11:55:00","date_gmt":"2023-03-28T06:25:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=97752"},"modified":"2023-03-28T11:50:23","modified_gmt":"2023-03-28T06:20:23","slug":"multibagger-it-stock-with-700-returns-announces-bonus-issue-check-the-details","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-it-stock-with-700-returns-announces-bonus-issue-check-the-details\/","title":{"rendered":"Multibagger IT stock with 700% returns announces bonus issue; Check the details"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-918429603\"><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>In a recent filing with the exchange, Innovana Thinklabs Limited announced a bonus issue of 1,02,50,000 bonus equity shares in the ratio of 1:1 which means one new equity Bonus share of Rs. 10\/- each for every one existing equity Shares of Rs. 10\/- each. The board has fixed the record date for the same to be 30th March 2023.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-328297918\"><!-- 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\u2019s stock has not seen any interest from the stock market participants today. Despite the above fact, the stock has been able to deliver Multibagger returns of around 700 percent to its stakeholders within a period of three years. It means that if someone would have invested 1,00,000 in the stock then it would have converted to Rs 8,00,000 in three years.&nbsp;<\/p><p>Innovana Thinklabs Limited, a software and application development company, provides services to create new applications and enhance the functionality of the users\u2019 existing software products. The product portfolio of the company consists of applications and software such as Ad-blocker, Disk Cleanup, Space Reviver, File Opener, Privacy Protector, etc.\u00a0<\/p><p>It has developed numerous products and the same has registered its presence and popularity in over 126 countries in 13 different languages. Operations of the company are controlled from its registered office situated in Jaipur, Rajasthan.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3651532150\"><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>Digging into the financials, the revenues and net profits have shown improvement in the numbers reported on a YoY basis. Revenues moved from Rs 56.6 crores in FY20-21 to Rs 57.6 crores in FY21-22. Moreover, the net profit figures showed a movement from Rs 15.55 crores in FY20-21 to Rs 21.5 crores in FY21-22.&nbsp;<\/p><p>The net profit margins too improved from 27.48 percent in FY20-21 to 37.28 percent in FY21-22. Having liquidity in mind, the company has proven to be able to increase its current ratios over the past four financial years with the recent shift being from 1.15 in FY20-21 to 1.39 in FY21-22.&nbsp;<\/p><p>The profitability ratios of the company have also increased with ROE moving from 26.74 percent in FY20-21 to 28.14 percent in FY21-22. Apart from the above parameter, the ROCE figures moved from 32.27 percent in FY20-21 to 34.79 percent in FY21-22.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Amit Madnani<\/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 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-1097199286\"><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>In a recent filing with the exchange, Innovana Thinklabs Limited announced a bonus issue of 1,02,50,000 bonus equity shares in the ratio of 1:1 which means one new equity Bonus share of Rs. 10\/- each for every one existing equity Shares of Rs. 10\/- each. The board has fixed the record date for the same [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":45293,"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":[7910,7913,7827,7828,2660,3872,2844,3913,3912,2838,3770,2843,5716,5575,5727,5585,948,936,3153,3157,2597],"class_list":["post-97752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-innovana-thinklabs","tag-innovana-thinklabs-bonus-issue","tag-multibagger-it-stock","tag-multibagger-it-stock-to-buy-now","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-2023","tag-multibagger-stocks-india","tag-multibagger-stocks-to-buy","tag-multibagger-stocks-to-buy-in-2023","tag-multibagger-stocks-to-buy-now","tag-multibagger-stocks-to-watch","tag-stock-market","tag-stock-market-news","tag-stock-to-buy","tag-stock-to-watch","tag-stocks-to-watch"],"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 IT stock with 700% returns announces bonus issue; Check the details - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The company\u2019s stock has not seen any interest from the stock market participants today. Despite the above fact, the stock has been able to deliver Multibagger returns of around 700 percent to its stakeholders within a period of three years. It means that if someone would have invested 1,00,000 in the stock then it would have converted to Rs 8,00,000 in three years.\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\/?p=97752\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Multibagger IT stock with 700% returns announces bonus issue; Check the details\" \/>\n<meta property=\"og:description\" content=\"The company\u2019s stock has not seen any interest from the stock market participants today. Despite the above fact, the stock has been able to deliver Multibagger returns of around 700 percent to its stakeholders within a period of three years. It means that if someone would have invested 1,00,000 in the stock then it would have converted to Rs 8,00,000 in three years.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/?p=97752\" \/>\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=\"2023-03-28T06:25:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/05\/markets-120-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:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/05\/markets-120-Cover-Image.jpg\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/?p=97752\",\"url\":\"https:\/\/tradebrains.in\/features\/?p=97752\",\"name\":\"Multibagger IT stock with 700% returns announces bonus issue; Check the details - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/?p=97752#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/?p=97752#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/05\/markets-120-Cover-Image.jpg\",\"datePublished\":\"2023-03-28T06:25:00+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"The company\u2019s stock has not seen any interest from the stock market participants today. 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