Shares of GM Polyplast, a company involved in the plastic products business, have been in the limelight for the last few months. The shares of the company have increased from Rs 25 to Rs 190 in the last 8 months. Shares of GM Polyplast have given more than 680% return to investors during this period. The 52-week low level of the company’s shares is Rs 24. GM Polyplast has recently issued bonus shares to its shareholders in the ratio of 6:1.
In just 8 months, more than 7 lakhs became worth Rs 1 lakh.
Shares of GM Polyplast (GM PolyPlast) were at the level of Rs 24.72 on the Bombay Stock Exchange (BSE) on May 19, 2022. The shares of the company have closed at Rs.192.90 on BSE on January 5, 2023. The shares of the company have given a return of 680% to the investors during this period. If a person had invested Rs 1 lakh in GM Polyplast shares on May 19, 2022 and had maintained his investment, this money would have been worth Rs 7.80 lakh at the present time.
Shares of the company climbed 413% in 6 months
GM Polyplast shares have given more than 413% returns in last 6 months. The shares of the company were at the level of Rs 37.56 on BSE on July 21, 2022. G M Polyplast shares closed at Rs 192.90 on January 5, 2022 at BSE. The company has recently given bonus shares to its shareholders in the ratio of 6:1. That is, the company has given 6 bonus shares for every 1 share held. The ex-date of the bonus shares was January 4, 2023.
Disclaimer: Information about the performance of the stock is given here only, it is not an investment advice. Investment in share market is subject to risk and you should consult your advisor before investing.