Vantage Knowledge Academy's share price hits 5% upper circuit following the announcement of its bonus share record date. It has delivered a 520% return in one year and a multibagger return of 12,888% in three years.
Bonus Shares: Despite a significant market downturn on Friday, Vantage Knowledge Academy's share price surged by 5%, hitting the upper circuit. This upward movement is primarily attributed to the company's announcement of the record date for its bonus share issue. Significantly, this share has yielded a substantial 520% return in the past year.
Three Consecutive Days at Upper Circuit
Vantage Knowledge Academy's share has consistently hit the upper circuit for the past three trading sessions. On Friday, it closed at Tk 110.40, up 5%. Over the past week, the share price has jumped by approximately 20%.
2:1 Bonus Share Ratio
In January 2025, the company's board announced a bonus share issue for its investors. Under this plan:
✅ Investors will receive 2 bonus shares for every 1 share held (2:1 ratio).
✅ The company will utilize Tk 22.76 crore from its free reserves for this bonus issue.
✅ This will increase the company's total paid-up capital from Tk 11.38 crore to Tk 34.15 crore.
Bonus Share Record Date Announcement
The company has set March 5, 2025 (Wednesday), as the record date for the bonus share issue. Shareholders holding shares on or before this date will be eligible for the bonus shares.
✅ The bonus shares will be distributed on March 6, 2025 (Thursday).
Multibagger Stock: 12,888% Return in 3 Years
Vantage Knowledge Academy's share has proven to be a long-term multibagger.
📈 67% return in 6 months
📈 520% return in 1 year
📈 5,772.34% growth in 2 years
📈 12,888% multibagger return in 3 years
This signifies a substantial increase in capital for those who invested in this share three years ago.
Excellent Opportunity for Investors
Vantage Knowledge Academy's bonus issue and consistent upper circuit indicate that this share may present an attractive opportunity for investors. However, thorough research and consultation with experts are crucial before making any investment.
