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

Chavda Infra has declared a 1:1 bonus issue, which means that for every share held by a shareholder, they will receive an additional share. This move is likely aimed at rewarding existing investors and making the company's stock more attractive to potential buyers. The stock's recent surge of 53% in a month and 71% from its 52-week low suggests that investors are optimistic about the company's future prospects, and the bonus issue may further boost investor confidence in the stock.

Read the source report: Economic Times