Emami Limited, a company that manufactures Navratna oil and Zandu balm, has given strong returns to investors in the last few years. Emami Limited’s shares have increased from Rs 5 to 350 in the previous 20 years. The company shares have also given bonus shares to the shareholders twice during this period. The returns due to bonus shares have become multi-bagger, and Rs 1 lakh invested in the company’s shares has crossed Rs 2 crore.
Made Rs 1 Lakh More Than Rs 2 Crore
The shares of Emami Limited were at Rs.5 on the Bombay Stock Exchange (BSE) on July 11, 2003. The company’s shares closed at Rs 360.10 on BSE on July 13, 2023. Emami Limited has issued bonus shares to investors twice during this period. If a person had invested Rs 1 lakh in Emami shares on July 11, 2003, and retained his investment, the total value of these shares after bonus shares would have been Rs 2.16 crore.
Details of Emami’s Bonus Shares
Emami Limited has so far issued bonus shares to investors twice. The company issued bonus shares in the ratio of 1:2 in June 2013. That is, the company issued 1 bonus share for every 2 shares held. Emami gave bonus shares in the ratio of 1:1 in June 2018. The 52-week high level of Emami Limited’s shares is Rs 524.95. At the same time, the 52-week high level of the company’s shares is Rs 340.95. The market cap of Emami is Rs 16006 crore.
