Penny Stock To Recommend Bonus Share Next Week

Board of Directors of small cap company engaged in garments & apparel industry, SBC Exports Ltd will hold meeting on January 24, 2025 to consider financial results for the quarter ended December 31, 2024. The company will also recommend and consider the proposal of issue of bonus shares to the Equity shareholders of the company. Last trading price of SBC Exports shares on Bombay Stock Exchange (BSE) is Rs 26.06 per share.

SBC Exports share offered returns of 2269.05% in last 5-years and slipped 10.32% in last 3-months. ROE of SBC is 29.64% and an ROE of 20% or more is considered good. Good return on equity (ROE) varies between 15% to 20% but ideal ROE may differ depending on the sector or industry. Check details pertaining to bonus share and other announcements:

Penny Stock To Recommend Bonus Share Next Week, Shares Gain 142% In 2-Yrs

SBC Exports Ltd To Consider Financial Results

According to BSE filing of SBC Exports Ltd dated January 18, 2025, “a meeting of the Board of Directors of the Company is scheduled to be held on Friday, 24th January, 2025 to transact the following business:

To approve Un-Audited Financial Results (Standalone and Consolidated) for the Quarter ended December 31st, 2024.
To increase in authorized share capital of the Company and subsequent alteration to the Memorandum of Association of the Company;
To Recommend and approve Issue of Bonus shares to the Equity shareholders of the Company;
Any other item with the permission of the Chairman.”

SBC Exports Shares Performance

The 52-week high price of SBC Exports shares on BSE stood at Rs 37.80 per share ( as on 16/09/2024). The 52-week low price is Rs 18.39 per share, respectively. SBC Exports has a market capitalisation of Rs 827.30 crore. SBC Exports shares declined 3.59% in last 2-weeks, gained 5.85% in last 1-year and rallied 142.6% in last 2-years.

SBC Exports Financial Performance

The company for the quarter ended September 2024 announced its net sales at Rs 48.50 crore as against Rs 30.98 crore declared in 2023. It declared its quarterly net profit at Rs 5.14 crore for September 2024 from Rs 30.98 crore announced in September 2023. The EBITDA of SBC Exports announced at Rs 7.49 crore for the quarter under consideration, up 93.54% from Rs 3.87 crore declared in September 2023. SBC’s EPS surged to Rs 0.16 for September 2024 from Rs 0.10 in September 2023.

SBC Exports About

The small cap company came into existence in 2011. SBC is engaged in trading, manufacturing of garments, I&T, manpower supply services, tour & travel services.

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