Multibagger stock jumps 14.93% as Board is likely to announce bonus shares on coming Friday

Today, one of the Top Gainers on NSE, shares of Upsurge Seeds of Agriculture Ltd jumped 14.93 per cent to Rs 264.35 per share from its previous closing of Rs 230 per share. The stock’s 52-week high is Rs 297 per share and its 52-week low of Rs 130.70 per share.

The Board of Directors of the company will hold a meeting for the consideration of an increase in authorised capital and the issue of bonus shares on August 22, 2025.

Advertisement:

50% OFF on DSIJ Digital Magazine

Upsurge Seeds of Agriculture Ltd, established in 2017, operates in the agricultural sector, primarily focusing on the production of a wide array of seeds on leased land. An ISO 9001:2015 certified entity, USAL is involved in manufacturing, importing, exporting and supplying agricultural seeds, boasting a portfolio of 75 crop varieties sold under its "USA Seeds" brand. The company holds seed licenses in Gujarat, Maharashtra and Rajasthan and its extensive product profile includes various seeds such as Bajra, Black Gram, Coriander, Cumin, Groundnut, Mustard, Onion and Wheat, among many others.

The promoters of the company hold 71.15 per cent stake and the remaining stake of 28.85 per cent is held by public shareholders. The company has a market cap of Rs 186.63 crore and has delivered good profit growth of 108 per cent CAGR over the last 5 years. The stock has given multibagger returns of over 100 per cent from its 52-week low of Rs 130.70 per share.

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