By Admin 
If there is any money in the stock market, then the first purpose is to withdraw more and more money from investment. Today, the company whose shares we are going to tell you about 18592 percent in 5 years, 802 percent in 2 years and 61 percent in a year have given tremendous returns.
Yes, this is absolutely true and this company is Shilchar Technologies. During the last just one week, its shares have climbed up about 10 percent, although it is still going down 10 percent from its high. The transformer making company is now giving its investors a share free on every two shares.
One share free on every two shares
After the results of the fourth quarter i.e. January to March quarter, the company decided to give dividend with bonus share. For this, the date of 2: 1 ratio bonus share has also been told by the company, which is today i.e. October 6.
In the information given to the stock market, the company said on May 29 that the board of directors of the company have fixed the date of 6 June 2025, the purpose of this date is to finalize the company’s bonus equity shares with qualified shareholders.
121 percent increase annual profit
The company has increased the standalone profit to 55.36 crore on an annual basis, which is 121.26 percent. Along with this, the profit of the fourth quarter also increased to 231.86 crore on an annual basis, which is a rise of 119.1 percent.
During the meeting of the Board of Directors, the company has recommended a dividend of Rs 12.5 on each stock during the meeting of the Board of Directors. However, a record date for this will be fixed later and this is currently a decision under the share holders.
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