Cool Caps announces record date for stock split & bonus share
In a significant development, Cool Caps Industries, a leading manufacturer of plastic caps for beverages, has announced a dual delight for its shareholders. The company’s board of directors has recommended a 1:5 stock split, followed by a 1:1 bonus issue. This move is expected to increase the liquidity and attractiveness of the stock, which has already given multibagger returns of over 150% from its 52-week low.
The record date for the stock split and bonus issue has been set as July 4, 2025. The stock split will involve reducing the face value of the shares from ₹10 to ₹2, while the bonus issue will add an additional share for every share held by the investors. This means that shareholders will receive one additional share for every share they own, resulting in a significant increase in their holding.
Cool Caps Industries has been a consistent performer in the market, with a market capitalization of over ₹900 crore and a return on equity (ROE) of 26%. The company’s financial performance has been impressive, with a strong track record of growth and profitability. The stock has consistently beaten the market averages, making it a sought-after investment opportunity for investors.
The company’s decision to announce a stock split and bonus issue is seen as a positive move, which is expected to increase the liquidity and attractiveness of the stock. The stock split will make the stock more accessible to a wider range of investors, including retail investors, who were previously unable to invest in the company due to the high face value. The bonus issue, on the other hand, will increase the company’s float and provide a windfall gain to existing shareholders.
The stock has been on a tear lately, rising by over 150% from its 52-week low. The company’s financial performance has been strong, with a consistent track record of growth and profitability. The company’s management team has been able to deliver impressive results, despite the challenges posed by the pandemic and other external factors.
Cool Caps Industries has a strong presence in the market, with a diversified portfolio of products and a significant customer base. The company has a strong distribution network, which enables it to reach a wide range of customers across the country. The company’s products are used by leading beverage companies, including soda manufacturers, water bottlers, and other FMCG companies.
The company’s financial performance has been impressive, with a strong track record of growth and profitability. The company’s revenue has consistently grown over the years, driven by increasing demand for its products. The company’s net profit has also grown steadily, driven by operational efficiencies and a strong management team.
The stock split and bonus issue are expected to increase the company’s float and provide a windfall gain to existing shareholders. The stock has been on a tear lately, rising by over 150% from its 52-week low. The company’s financial performance has been strong, with a consistent track record of growth and profitability.
In conclusion, Cool Caps Industries’ decision to announce a stock split and bonus issue is a positive move that is expected to increase the liquidity and attractiveness of the stock. The stock has been a consistent performer in the market, with a strong track record of growth and profitability. The company’s financial performance has been impressive, with a strong management team and a diversified portfolio of products.
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