Shares of a micro-cap company operating in the hotels and resorts industry have seen tremendous upside after announcing the 1:1 Bonus Issue.
On December 12, 2023, Sinclairs Hotels Limited (BSE: 523023) announced a share bonus of one share on each share and fixed the record date as January 29, 2024. After the announcement, investors started buying heavily into it and the share increased by more than 40 percent.
It has seen an increase of 151.25% in the last seven months.
For those who had invested in it ten months ago, today their profits have tripled.
Stock Performed Well in 2023
Month
Opening
Closing
Gain/ Fall
Jan
₹105.45
₹108.20
2.61%
Feb
₹109.05
₹98.10
-10.04%
Mar
₹102.95
₹98.57
-4.25%
Apr
₹100.04
₹110.96
10.92%
May
₹112.25
₹117.90
5.03%
Jun
₹122.00
₹118.35
-2.99%
Jul
₹118.85
₹149.05
25.41%
Aug
₹152.05
₹156.10
2.66%
Sep
₹157.30
₹163.10
3.69%
Oct
₹159.00
₹165.20
3.90%
Nov
₹168.45
₹167.55
-0.53%
Dec
₹168.40
₹208.95
24.08%
Total Returns in 2023
98.15%
Sinclairs Hotels Limited’s share price in January 2023 was ₹105.45 and it closed at ₹208.95 on the last trading day of the year with a gain of 98.15 percent.
Shown Good Long-Term Returns
Period
Growth
Returns on ₹10k
CAGR
1Y
176%
₹28k
176.22%
2Y
282%
₹38k
95.50%
3Y
558%
₹66k
87.37%
4Y
393%
₹49k
49.01%
5Y
352%
₹45k
35.19%
6Y
225%
₹32k
21.68%
7Y
413%
₹51k
26.30%
8Y
372%
₹47k
21.41%
9Y
552%
₹65k
23.16%
10Y
567%
₹67k
20.89%
15Y
721%
₹82k
15.07%
20Y
12290%
₹12.39 lakh
27.25%
21Y
51167%
₹51.27 lakh
34.60%
22Y
20549%
₹20.65 lakh
27.42%
Last 10 Year Performance (Year-wise)
Year
Open
Close
Gain/ Fall
2024
₹209.95
₹297.35
41.63%
2023
₹105.45
₹208.95
98.15%
2022
₹73.10
₹103.70
41.86%
2021
₹49.25
₹70.45
43.05%
2020
₹59.96
₹50.70
-15.44%
2019
₹68.00
₹60.34
-11.26%
2018
₹86.89
₹67.56
-22.25%
2017
₹57.22
₹86.02
50.33%
2016
₹66.58
₹56.47
-15.18%
2015
₹44.80
₹62.10
38.62%
2014
₹49.01
₹44.80
-8.59%
About the Company
Sinclairs Hotels & Resorts operates in the tourism sector and owns and operates 9 properties (4 and 5-star) across India.
