Bonus Share: There is good news for investors who bet on the stocks of companies offering bonus shares. In fact, Garware Technical Fibres Ltd has decided to offer bonus shares for the first time. The company will give 4 shares as bonus on one share. The company has got approval from the board member to issue 7,94,12,676 bonus equity shares. The company has fixed the record date for the bonus issue as January 3, 2025. The company's shares closed at Rs 4,259.15 per share on BSE on Wednesday, December 25. This is 0.80 percent less than the previous closing price.

The market cap of Garware Technical Fibres Limited is Rs 8455 crore.
Its 52 week high is Rs 4,925.80 and 52 week low is Rs 3,116.10 on BSE. The market cap of the company is Rs 8455 crore.

Garware Technical Fibres Share Price History
If we look at the performance of Garware Technical Fibres shares, it has declined by 10.53 per cent in the last one week. It has declined by 7.40 per cent in the last one month. It has gained 4.07 per cent in the last 3 months. This year, it has seen a growth of 26.70 per cent. It has gained 26.51 per cent in the last one year. These shares have given a return of 32.06 per cent in 3 years.

What is a bonus share?
Bonus issue is a process in which a company issues extra shares to its existing shareholders at no additional cost. Shares are usually given in proportion to the number of shares already held by a shareholder.