Bright Outdoor Media Ltd has announced bonus shares for the first time. The company has fixed July 18, 2025, as the record date for this bonus issue, which falls before July 20.
According to information submitted to the stock exchange, shareholders will receive 1 bonus share for every 2 shares they hold, with a face value of ₹10. This record date was officially announced on Friday.
In the past, the company had given a dividend of ₹0.50 per share in September 2024.
Stock Performance and Market Overview
On Friday, Bright Outdoor Media Ltd’s stock closed at ₹562, registering a 2.38% gain. Here’s how the stock has performed over different time periods:
Last 3 months: Up by 16%
Last 6 months: Up by 21%
Last 1 year: Up by 18%
(During the same time, the Sensex rose only by 3.26%)
Last 2 years: A significant 102% rise in share price
The stock’s 52-week high is ₹619.90, and its 52-week low is ₹381.10. The company’s current market capitalization stands at ₹817.64 crore.
Promoter Holding Reduced
According to the March 2025 shareholding pattern:
Promoters held 69.76% of the shares
Public held 30.24%
In comparison, during March 2024:
Promoters held 72.72%
Public held 27.28%