Multibagger Stock: This stock gave more than 150% return in one year, now announced bonus shares – multibagger stock star housing finance stock gave more than 150% return to investors in one year
Stock reached record high
The name of the stock we are talking about is Star Housing Finance. The stock of this company has climbed more than 150 percent in a year. The stock is currently trading near its 52-week high. This stock has consistently given excellent returns to the investors. Now the company has announced to give bonus shares to the investors in the ratio of 1:1. Further, the stock will split in the ratio of 1:2. That is, investors will get one share in bonus for every share, as well as stock split has also been approved. As a result, 1 share will split into 2 shares. Think of it like this, if there are 100 stocks in the portfolio, it will become 200 after the stock split. In the meeting of Star Housing Finance held on Wednesday i.e. December 6, it has been announced to obtain the consent of the members for the issue of bonus in the shareholders’ meeting. With this, the shareholders have approved the proposal to split the shares of the company. For this, the date of December 16 has been fixed.
This company gave a bumper return of more than 400% in 2 years to the investors
made investors rich
This multibagger stock return of the housing finance sector has made investors rich in the year 2022. This (Star Housing Finance) has given more than 150 per cent return to the investors this year. On the other hand, if we talk about the last six months, then this stock has given a profit of 131 percent to the investors. On Friday, December 9, the last trading day of this week, the stock of Star Housing Finance closed at Rs 211.35. Last year i.e. in 2021, the share of Housing Finance was at the level of Rs 85.9. There is a steady rise in the stock.
