Bonus Share Bonanza: InfoBeans Technologies Offers 3-for-1 Bonus After 70% Return

Share Market
C
CNBC Awaaz•23-01-2026, 10:34
Bonus Share Bonanza: InfoBeans Technologies Offers 3-for-1 Bonus After 70% Return
- •InfoBeans Technologies shares gave a 70% return in three months and 106% in one year, but slipped 5% on January 23.
- •The company announced a 3-for-1 bonus share issue, with the record date set for February 27, 2026.
- •Shares opened strong at ₹923.00 but fell below ₹850 due to profit booking after the bonus announcement.
- •Promoters hold a significant 74% stake, indicating strong management confidence in the company.
- •Bonus shares are issued at no extra cost, improving market sentiment and often leading to new buying.
Why It Matters: InfoBeans Technologies announced a 3-for-1 bonus share issue despite a recent 5% dip after strong returns.
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