with a market valuation of 18.19 Crore, Veer Energy Infrastructure Limited is a Small-cap business dealing in Power industry. The company is a leader in renewable energy in India and provides services across the country. The Corporation has declared bonus shares in the ratio of 3:10 and fixed a record date to determine the eligibility of shareholders for the same.
The company said in a stock exchange filing that “This is in furtherance of our letter dated October 13, 2022, intimating the issue of bonus shares, subject to shareholders’ approval. We wish to inform you that in accordance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed November 25, 2022 as the Record Date for the purpose of ascertaining the eligibility of eligible shareholders for issue of Bonus. is prescribed in Equity Shares of the Company in the ratio of 3 (three) Equity Shares of Rs. 10/- each for every 10 (ten) Equity Shares of Rs. 10/- each.”
Veer Energy & Infrastructure Limited shares closed today 15.95, up 1.59% from its previous close 15.70. The stock recorded a total volume of 75,752 shares today as compared to 20-day average volume of 39,935 shares. share price climbed 0.69 on January 16, 2004, at the current market price, representing an all-time high of 2,211.59%. The stock has declined 43.54% in the last five years while rising 74.01% during the last three years.
The stock has appreciated 18.59% over the last year, and it is up 4.04% YTD in 2022. On BSE, the stock had touched a 52-week high 20.50 (04/10/2022) and 52-week low 9.93 at (08/03/2022), indicating that the stock is trading 22.92% above the High and 59.11% above the Low at the current market price. The company reported promoter shareholding of 29.87%, FII of 0.39% and public shareholding of 69.73% for the quarter ended September 2022.
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