The Economic Times

Bonus issue alert! This smallcap infra stock that jumped 50% in a month has declared 1:1 bonus issue

Chavda Infra has announced a 1:1 bonus issue, with shareholders set to receive one additional share for every share held. The Ahmedabad-based infrastructure companys stock has surged 53% in a month and 71% from its 52-week low, taking its market capitalisation above Rs 439 crore.