Cool Caps Announces Record Date for Stock Split & Bonus Share
In a move that is likely to cheer its shareholders, Cool Caps Industries has announced a 1:5 stock split and a 1:1 bonus issue. The company, which is a leading manufacturer of plastic caps for beverages, has a market capitalization of over ₹900 crore and a return on equity (ROE) of 26%. The stock has given multibagger returns of over 150% from its 52-week low, making it an attractive investment option for many.
As per the announcement, the record date for the stock split and bonus issue has been set as July 4, 2025. The stock split will reduce the face value of the shares from ₹10 to ₹2, making it more accessible to a wider range of investors. The bonus issue, on the other hand, will result in an additional share being issued to each shareholder, effectively increasing their stake in the company.
The decision to split the shares and issue bonus shares is likely to be a strategic move by the company to increase liquidity and make its shares more attractive to investors. The stock split will also make it easier for institutional investors and retail investors to buy and sell shares, which could lead to increased trading volumes and a higher market capitalization.
Cool Caps Industries has been performing well over the past few years, with its ROE consistently above 20%. The company’s profitability has been driven by its ability to manage costs effectively and its focus on innovation and product development. The company’s products are used in the beverage industry, which is growing rapidly in India, driven by increasing consumer demand for packaged and convenience foods.
The company’s financial performance has been strong, with its net sales growing at a compound annual growth rate (CAGR) of over 15% over the past three years. Its net profit has also grown at a CAGR of over 20% during the same period, driven by increasing revenue and improving profitability.
The stock has been a multibagger in recent times, giving returns of over 150% from its 52-week low. The stock has been trading in a narrow range over the past few weeks, but the announcement of the stock split and bonus issue is likely to give it a boost. The stock’s strong financial performance, combined with its attractive valuation, makes it an attractive investment option for many.
In conclusion, the announcement of the stock split and bonus issue by Cool Caps Industries is likely to be a positive development for its shareholders. The stock has been a strong performer over the past few years, and the company’s financial performance has been impressive. The stock split and bonus issue are likely to increase liquidity and make the shares more attractive to investors, which could lead to increased trading volumes and a higher market capitalization.
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