Choice International Limited is a small cap company with a financial services industry operation and market valuation 2,340.27 crore. The firm offers a variety of financial services to its clients, which include equity broking, government advisory, tax advisory, capital advisory, wealth planning, insurance, debt and broking and distribution.
The Board of Directors of the Company in a regulatory filing said that “In accordance with Rule 42 of the Listing Regulations, the Company has fixed Friday, the 23rd September, 2022 as the record date for the purpose of prescribing the names of the members, who shall be entitled to For allotment of bonus equity shares in the ratio of 1:1 i.e. 1 (one) new fully paid-up equity share of Rs.10/- each for each 1 (one) fully paid-up equity share of Rs.10/- each company existing members of the Company. The Bonus issue of the Company is subject to the approval of the members of the Company at the Annual General Meeting to be held on 15th September, 2022.”
Shares of Choice International Ltd closed today 470.35 each, up 0.09% from previous close 469.95. The stock has been rising over the past 4 days, having returned over 7% during that period. The stock has given a multibagger return of 386.15% in the last five years and an absolute return of 1126.47% during the last ten years. The stock has delivered an absolute multibagger return of over 1050% over the past three years and a multibagger return of 236.71% in the past year. Compared to the 1.27% gain of the major benchmark indices so far in 2022, the stock has provided multibagger returns on a YTD basis of 210.46%. On NSE, the stock had touched a 52-week high 481.00 (15-Sep-2022) and 52-week low At 297.00 (08-Apr-2022) it shows that the stock was last seen trading above a low of 59.04% at today’s closing price, after hitting today’s 52-week high. Total volume traded today was 43,545 shares, compared to the 20-day average volume of 29,111 shares.
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