North India Statesman
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News India Live, Digital Desk: If you are a stock market investor and looking for multibagger returns in your portfolio, then Metropolis Healthcare Ltd has brought great news for you. The Board of the Company to its eligible shareholders Bonus Share in the ratio of 3:1 A historic decision has been taken to release. That means now investors will get 3 additional shares free for every 1 share held by them.
What is the company’s complete plan?
In the meeting of the Board of Directors of Metropolis Healthcare Limited, it was decided that bonus shares will be issued to increase the equity capital base of the company and to encourage participation of small investors.
Bonus Ratio: 3:1 (3 free bonus shares for every 1 share).
Number of shares: After this decision, the total number of equity shares of the company will increase four times.
Objective: To increase the liquidity of the stock and make it more affordable for retail investors.
Investors’ eyes now on ‘record date’
After the announcement of bonus shares, the market is now eyeing the ‘record date’ to be decided by the company. Only those investors who keep the shares in their demat account till the record date will be able to avail the benefits of this bonus scheme. Experts believe that after this news, heavy action may be seen in the shares of Metropolis in the coming trading sessions.
Opinion of market experts
Given the increasing demand in the healthcare sector and Metropolis’ strong expansion plans, analysts look bullish on this stock. The decision to issue bonus shares often reflects the management’s confidence in the company’s future. This has given a positive signal to the market that the company’s balance sheet is strong and it is in a position to share its profits with investors.
