146% Return In 1 Month: LIC-Backed Stock Hits Upper Circuit on Allotment of Over 45 Crore Bonus Shares

146% return in 1 month: lic-backed stock integra essentia hits upper circuit on allotment of over 45 crore bonus shares

Integra Essentia share price hit the upper circuit limit of 5 per cent intraday in Monday’s trading session on the Bombay Stock Exchange (BSE). Under Rs 10 penny stock was locked in a upper price band to quote at Rs 7 per equity share on the BSE. The counter has delivered multibagger returns of 146.02 per cent in the last 30 days, as per data available on the BSE Analytics. In the last 90 days, it climbed up to deliver 132.35 per cent returns and in 180 days it went up by 140.20 per cent.

As per BSE Analytics, the scrip moved northward to give 106.09 per cent returns in the last one year. In the last three years, it moved higher by a whopping 3455 per cent.

The action in the price movement of the stock was witnessed after the board of directors of the company at its meeting held recently approved the allotment of over 45 crore bonus equity shares of Re 1 each.