Stock Jumped 1100% in 6 Months; Now the Company is Planning to Give Bonus Shares

Shares of Kesar India Limited, a small-cap company working in real estate, are witnessing continuous rise and back-to-back upper circuits. On Friday, it closed at Rs 2079.45 with an upper circuit of 5 percent and even today it opened with an upper circuit of 5 percent and is currently trading at Rs 2,183.40.

Investors are continuously buying the shares of Kesar India Limited, so the stock has continuously been in the upper circuit from January 17, 2024, till now. This stock has increased more than double in the last one month. Its share was trading at Rs 1051 on January 17, 2024, and today after a 5 percent upper circuit it is trading at Rs 2,183.40. Shares of Kesar India Limited have increased by 107.94% in one month.

Decision on Bonus Shares on 14th February

The company said in its exchange filing that the meeting of the board of directors of the company is scheduled to be held on February 14, 2024. During this meeting, the company will announce its October-December quarter results and will consider and approve the increase in the authorized share capital. The company will also consider issuing bonus shares. This is the first time that the company is going to give the gift of bonus shares to its investors.

Stock Doubled in 1 Month, 12x in 6 Months, and 15x in 1 Year

PeriodClosingGrowthReturns on ₹10k

The stock has risen 107.94% within a month, 154.48% in three months, 1147.66% in six months, and 1264.63% in ten months. In the last 12 months, it has increased investors’ money more than 15 times, that is, if you had invested ₹ 10,000 in it 12 months ago, the value of those shares would have increased to ₹154,851 today.

More than 500 Percent Growth in 2023

MonthOpeningClosingGain/ Fall
Total Returns in 2023512.38%

Investors who invested in it in 2023 earned quite well returns. The share price of Kesar India Limited in January 2023 was ₹172.50 and on the last trading day of the year, it closed at ₹1,056.35 with a gain of 512.38%.

1200 Percent Growth since Listing

In the table below you can check the company’s absolute returns and CAGR growth from listing. You can also check that if someone has invested a lump sum of Rs 10,000 then what is the value of those Rs 10,000 worth of shares today…

1Y1449%₹1.55 lakh1448.51%
MAX1155%₹1.25 lakh391.46%
  • There has been an increase of 1155 percent since listing.
  • The CAGR growth of the stock since the listing is 391.46 percent.

Performance since Listing (Year-wise)

YearOpenCloseGain/ Fall
Real Estate Building construction company
Kesar India Limited is a real estate development company.

About the Company

Kesar India Limited, incorporated in 2002, is a real estate development company that specializes in the construction of residential and commercial projects including industrial, factory, and workshop buildings. The company has established a strong presence in the market, marketing all its projects under the renowned brand name “Kesar Lands”.

With a focus on leisure and luxury, it is dedicated to delivering high-quality family residential and commercial developments. The portfolio of projects launched by Kesar India includes a variety of offerings like Kesar Getaway, Kesar 29, Kesar 45, Kesar Signature, Kesar Gardens, Kesar Vihar, Kesar Exotica, Kesar Shree, Kesar Forest, Kesar Hills, Kesar Tower, Kesar Imperial, Kesar Lifestyle, Kesar Petals, and Terrace Greens.

Fundamental of Kesar India Ltd.

Market Cap₹ 771 Cr.
Current Price₹ 2,183
High / Low₹ 2,183 / 100
Intrinsic Value₹ 935
Book Value₹ 72.7
Face Value₹ 10.0
ROCE8.76 %
ROE7.08 %
EPS₹ 24.0
P/B Value30.0
Dividend Yield0.00 %
Stock P/E90.9
Industry PE30.4
OPM30.2 %
Quick Ratio0.42
Debt₹ 1.66 Cr.
Debt to equity0.06
Current liabilities₹ 40.9 Cr.
Current assets₹ 67.7 Cr.
NCAVPS₹ 76.5
Return on Assets3.84 %
Reserves₹ 22.1 Cr.
Cash Equivalents₹ 0.14 Cr.
Inventory₹ 50.6 Cr.
5/5 - (2 votes)

Leave a Comment