New Delhi. There is good news for those who want to earn money from the stock market. The stock which has given a great return of 22393.93% in the last 5 years is going to issue bonus shares. This stock will trade ex-bonus next week. This multibagger stock has been performing well in recent weeks as well. It has shown a gain of 8% in the last one week and 19% in two weeks. At the same time, this stock has registered a growth of 23.04% in the last six months. This multibagger stock is Algoquant Fintech. According to BSE, the current market cap of this company is ₹2,161.76 crores.

The company had earlier announced a bonus share issue, in which bonus shares will be given in the ratio of 1:2. That is, 1 bonus share will be given for every 2 shares. This issue is being done under the company's scheme of arrangement. Currently, the face value of the shares is ₹ 2. On Friday, the stock closed at ₹ 1482.35, down 0.34% or 5.10 points from the previous close of ₹ 1487.45. It touched a high of ₹ 1498.70 and a low of ₹ 1458 on the BSE.

Algoquant Fintech Share Price History
According to BSE data, the stock has gained 15% and 13% in the last one and three months respectively. In the long term, the stock has gained 187.19% in the last two years and has doubled investors' money. In three years, it has given a multibagger return of 162.15%.

Even in the last one year, Algoquant Fintech has given a positive return of 34%. But in the five-year period, it has registered a spectacular growth of 22393.93%, which tells the story of huge profits for its investors. During this period, the stock has also outperformed its benchmark Sensex, which registered a growth of 91.06% in the same period. The company has fixed January 8 as the record date for its bonus issue.