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In the past six months, shares of this company have skyrocketed over 100 per cent, more than doubling investors’ wealth!
While BSE Realty and BSE Oil & Gas were the worst-performing sectors of the opening session, Indian headline indices opened flat but quickly gained positive momentum, thanks to gains in the fast-moving consumer goods (FMCG), consumer durables and metal sector stocks.
Veer Energy & Infrastructure was one of the rising stocks that piqued the interest of investors. Following the company’s announcement of the bonus issue, shares are aggressively surging and have soared by more than 50 per cent in the last five trading sessions. On an intraday basis on Tuesday, shares of Veer Energy & Infrastructure climbed nearly 10 per cent and reached a 52-week high of Rs 25.40 per share on the BSE.
For the purpose of determining the eligibility of the shareholders entitled to the issuance of bonus equity shares of the company, in the proportion of 3 equity shares of Rs 10 each for 10 equity shares of Rs 10 each, the company has set November 25, 2022 as the record date.
In the past six months, shares of Veer Energy & Infrastructure have skyrocketed over 100 per cent, more than doubling investors’ wealth.
The company develops facilities for the installation of wind turbine generators as part of its power industry operations.
Keep a close eye on this scrip for the upcoming sessions.
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