2023-12-22 15:35:11
Growington Ventures India’s stock has been gaining attention from investors due to recent developments. The company’s board of directors has approved a share split in a general meeting, resulting in a continuous rise in the share price.
The aim of the share split, according to the company, is to improve liquidity, broaden the shareholder base, and make equity shares more affordable for investors. This move has contributed to the growing interest in the company’s stock among investors.
With a market cap of over Rs 350 crore and no debt, Growington Ventures India Ltd has become an attractive option for investors. Additionally, the company issued bonus shares to its investors in the ratio of 24:100, further adding to the appeal of its stock.
As a result of these developments, shares of Growington Ventures India Ltd rose 10.2 percent to an intraday high of Rs 231 from its previous close of Rs 209.65, reaching a fresh 52-week high. This represents significant growth for the company, with its shares showing a 2,400 percent increase over 2 years, providing substantial returns for investors.
Growington Ventures India Limited, also known as VMV Holidays, is involved in the business of providing various travel and tourism-related services, including flight booking, holiday packages, hotels and resorts, car rental, visas, event management, and wedding planning.
It is important to note that the information provided in this article is for informational purposes only and is not intended as investment advice. However, investors should keep an eye on the growth potential of Growington Ventures India Ltd as it continues to make strides in the market.
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