Double Dhamaka! Record Date Announced for 2:1 Bonus Share & 1:5 Stock Split: Multibagger Engineering Stock hit 52-Week High on July 18

DSIJ Intelligence-1 / 18 Jul 2025/ Categories: Bonus and Spilt Shares, Multibaggers, Trending

Double Dhamaka! Record Date Announced for 2:1 Bonus Share & 1:5 Stock Split: Multibagger Engineering Stock hit 52-Week High on July 18

The stock has given multibagger returns of 220 per cent from its 52-week low of Rs 395 per share and a whopping 6,500 per cent in 5 years.

GTV Engineering Limited has announced a sub-division (split) of its equity shares, where each existing share with a face value of Rs 10 will be split into five equity shares with a face value of Rs 2 each. Following this split, the company will issue bonus shares in a ratio of 2:1, meaning shareholders will receive two new fully paid-up equity shares of Rs 2 each for every one existing fully paid-up equity share of Rs 2. The record date for these corporate actions is Monday, July 28, 2025.

Incorporated in 1990, GTV Engineering Ltd operates a diversified business, specialising in both high-tech steel fabrication and the manufacturing of Whole Wheat Flour. In its Heavy Engineering division, the company serves as a crucial subcontractor, providing vital fabrication inputs to large engineering firms and undertaking manufacturing jobs for various infrastructural projects across sectors like power, minerals, cement, railways, and metros, with a capacity of 1,000 MT per month from its Mandideep unit. Additionally, GTV Engineering has a presence in Hydro Power Generation, owning and operating a unique 6MW underground small hydro power project in Himachal Pradesh. Complementing these segments, its Agro Foods Division, an ISO 22000:2015 certified facility in Gwalior, produces and packages staples such as atta, maida, dalia, suji, and besan

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The company has a market cap of over Rs 390 and has delivered good profit growth of 69 per cent CAGR over the last 5 years. The shares of the company have a PE of 37x, an ROE of 26 per cent and an ROCE of 28 per cent. On Friday, shares of GTV Engineering Limited jumped 4.84 per cent and hit a 52-week high of Rs 1,263.80 per share from its previous closing of Rs 1,205.45 per share with a spurt in volume by more than 4 times on the BSE. The stock has given multibagger returns of 220 per cent from its 52-week low of Rs 395 per share and a whopping 6,500 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.