DMR Hydroengineering & Infrastructures Limited has announced the issue of bonus shares. As per the announcement made on Monday, the company will give 8 bonus shares for every 5 existing shares held by investors. However, the record date for this bonus issue has not yet been declared.
Following this announcement, the company’s stock saw a strong reaction in the market. On Monday, shares of DMR Hydroengineering closed at ₹172.50, marking a 14.31% increase on the Bombay Stock Exchange (BSE).
Stock Performance Over Time
In the past one month, the company’s shares have increased by 42%. Over the last three months, the stock has given a return of 51%. However, for investors who held the stock for a year, the return has been just 4.36%. During the same period, the Sensex has risen by 2.15%.
52-week high: ₹208.46
52-week low: ₹109
Market capitalization: ₹68.81 crore
In the longer term, the company’s shares have seen a 289% rise in 2 years and a 623% rise in 3 years.
According to BSE data, DMR Hydroengineering has paid dividends three times:
In 2022: ₹0.10 per share
In 2011: ₹0.11 per share
In 2012: ₹0.12 per share
