“The board of directors of commodity chemicals company is scheduled to meet on May 29, 2019 to consider the proposal for issue of bonus shares”, Bhageria Industries said in a regulatory filing.
The board will also consider and approve audited financial results of the Company for the quarter/year ended March 31, 2019, and to recommend final dividend, if any, it said.
After reporting an over 150 per cent growth in previous two quarters, Bhageria Industries had posted a single digit growth in net profit at Rs 15.10 crore in October-December (Q3FY19) quarter.
At 11:56 am, the stock was quoting 15 per cent higher at Rs 268 on the BSE, against 0.23 per cent rise in the benchmark index. A combined 55,847 shares changed hands on the counter on the BSE and NSE so far.