Gulshan Polyols Ltd Likely to Announce Bonus and Dividend Soon

Picture this; you’re standing under the starry night sky, trying to count the number of twinkling stars. It’s a daunting task – just like predicting stock price movements. Some traders and investors use technical analysis or fundamental analysis to try and forecast the future direction of a stock’s price but it’s not always a cent per cent certainty with regards to outcome.  

However, there is one trend that seems to hold true time and time again; before any major corporate action, the stock price tends to experience a surge in activity as market participants speculate on what the news might be. This can cause the stock price to rise or fall dramatically, depending on the nature of the announcement.  

That’s why it’s so important to keep a close eye on stocks that are likely to make significant corporate action in the near future. For example, let’s consider a smallcap stock that’s currently on the radar: Gulshan Polyols Ltd – the board is set to meet on Friday, May 12, 2023 soon to discuss the possibility of issuing a dividend and bonus shares to its shareholders.  

This news is likely to generate a lot of buzz in the market and could potentially drive up the price of the stock in anticipation of the announcement. The stock is currently trading up by 1.28% at Rs 296 on NSE. The stock had touched intra-day high of Rs 299.40 and a low of Rs 285.15 on Thursday. 

Gulshan Polyols Ltd is India’s leading manufacturers of Ethanol/Bio-fuel, Grain and Mineral based specialty products with three decades of experience. Company business portfolio broadly spans across three main segments, viz. grain processing, bio-fuel/distillery and mineral processing operations that allows to produce specialty products such as starch and starch derivatives including sorbitol, calcium carbonate, ethanol (bio-fuel), country liquor, agro based animal feed.   

Hence, keep a close watch on this smallcap, as due to its corporate action as well as the strong fundamentals, the company has delivered a good profit of 25.7% CAGR over the last 5-years.   

The stock has been one of the standout performers from the smallcap segment as it has delivered multibagger returns to its shareholder in the last three years with a return of over 1000%! 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations.