Next week many companies will trade the stock market as X-Bonous Stocks. One of these names is Dhanalaxmi Roto Spinners.

The company is going to give bonus shares to its investors in 1: 1 ratio. That is, a bonus stock will be available on a stock.

Let’s know all the necessary information related to the performance of this stock and bonus issue.

When will Dhanalaxmi Roto Spinners’s X-Bonus Trade?

The company has set a record date for bonus shares on 26 March 2024.
This means that on Wednesday (March 27) it will trade as stock ex-bones.
Dhanalaxmi Roto Spinners are issuing bonus shares for the first time.

If you have shares of this company till a record date, then you will get bonus shares in 1: 1 ratio.

Company dividend history

Dhanalaxmi Roto Spinners have been continuously involved in dividend companies to their investors.

  • 2022: ₹ 1 per share

  • 2023: ₹ 1.25 per share

  • 2024: ₹ 1.50 per share

This shows that the company’s financial performance is continuously getting better.

Stock performance (Market Performance)

On Friday, the company’s stock climbed 3.46% to close at ₹ 251.30.
The stock has gained 19% in the last 1 week.
The stock has climbed 39% in the last 1 year.

52-wheek high: ₹ 289
52-wheek low: ₹ 147
Market Cap: ₹ 98.01 Crore

Promoter and public share in the company

Promoter holding: 47.64%
Public holding: 52.36%

It is clear that public investors have a lot of confidence in this stock.

Rahul Dev

Cricket Jounralist at Newsdesk

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