LowPositive
Announced Wed, 15 Jul · 10:00 IST
Bonus issue alert! Last day to buy this microcap pharma stock that rallied 200% in one year
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Fredun Pharmaceuticals announced a 2:1 bonus issue (two bonus shares of Rs 10 face value for every one share held), with Thursday set as the record date, making Wednesday the last day to buy shares and qualify. The microcap pharma company said the bonus reflects strong revenue and profitability momentum, alongside expansion into nutraceuticals, cosmeceuticals and pet healthcare. The stock has rallied about 200% in one year and around 590% over five years, with a market capitalisation of over Rs 1,559 crore.