Divi’s Laboratories share price, bonus issue..
At the end of last week, Divi’s Laboratories stock price closed at Rs.3,734. Marginal gain compared to previous closing. But this stock was only Rs.9 on March 13, 2003. This means that the price of this stock has increased by 41,388.89 percent since then. This once penny stock.. is now pouring in cash. Making long-term investors millionaires.
It can be said that the growth of this company started in the year 2003 itself. Then the stock price of this company is very cheap. That means if any investor had invested one lakh rupees in this company in 2003, they would have got 11,111 shares of the company. For the first time this company issued bonus shares on 30th July 2009. Issued shares in 1:1 ratio. With this, the number of shares held by investors has doubled to 22,222. After that for the second time on July 23, 2015 it once again issued bonus shares. Even then bonus shares were given in 1:1 ratio. Again the number of shares held by investors increased to 44,444. That means the number of shares held by those who invested Rs 1 lakh in the company in 2003 has quadrupled by that time.
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Considering the above mentioned number of shares and calculating with the current share price, the current investment money of long term investors is Rs.16.59 crores. That means the wealth of those who invested in this company in 2003 has increased over 100 times. But these profits are only for those who have invested in the company for these 19 years. The investment value increased tremendously with the issue of bonus shares. But did you buy this share? Have you got these benefits? Take a look.
Divi’s Laboratories is a leading pharma company based in Hyderabad. Generic API, custom synthesis etc. The company has one of the largest pharma customers. It supplies quality products to over 100 countries. This company was established in 1990. At present this company has 3 R&D centers. There are three manufacturing units. 17 thousand employees are working in this company.
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