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On April 4th,2024 share price of “GM Breweries” have fell very sharply because of its poor performance in march quarter. Share price of GM Breweries fell almost 4.93% on Thursday as the company announces decline in EBITDA margin for 4th quarter.
On April 4th,GM Breweries has seen high price of ₹ 814.75 and later on the price has seen a nosedive and finally closed at ₹ 743.40.
From March 14th 2024 to April 3rd 2024, the stock has seen a growth of 34% in its share price and especially in the last 3 trading sessions [ Monday, Tuesday and Wednesday ] stock price has increased by almost 21%.
GM Breweries, a small cap company with market cap of ₹ 1358 crores has announced 1:4 bonus and dividend of ₹ 7 per share.
About GM Breweries Latest Bonus and Bonus History :
As per the regulatory filing of the company [ April 4th, 2024], Board of Directors have recommended the issue of bonus shares in the ratio of 1:4.
Record date for the bonus issue is not fixed and may be with in a period if 2 months, bonus issue will be completed.
Till date GM Breweries has announced bonus 3 times i.e.
- In the year 2014 the company has declared 1:4 bonus
- In the year 2016 GM Breweries has announced the 1:4 bonus with ex-date 30th May 2016.
- In the year 2018 GM Breweries has declared 1:4 bonus with ex-date 21st May 2018.
About GM Breweries Dividend :
Board of Directors of the company has recommended a dividend of ₹ 7 per share and the record date if not at determined for issuing the dividend.
GM Breweries has been declaring dividends continuously and the below table depicts the dividend history of the company.
Ex-Date | Dividend ₹ |
16th May 2023 | 6 |
13th May 2022 | 5 |
28th June 2021 | 4 |
29th July 2020 | 3 |
6th May 2019 | 3 |
GM Breweries Share Price History and Performance:
All Time High Price of GM Breweries is ₹ 966.40 which was in the month of January 2018. After that stock has touched or came near to this price.
52 Week Low of GM Breweries is ₹ 538.25 and 52 Week High is ₹ 814.75 . This 52 Week High Price is seen on Thursday April 4th, 2024.
From 2006 to 2015 stock has been in consolidation and after the range break out stock has seen exponentially growth of around 550%. At the time of breakout stock price was roughly around ₹ 150 and it had rallied to almost ₹ 960.
During the Corona crash, the stock price has seen a low of ₹ 220. Assuming if anyone had bought shares at ₹ 220, they would have generated 300% returns on their investment.
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