03 Oct 2025 | 5 Mins Read
Stock surges 5% on getting bonus share approval
Flipitmoney
Chandrima Mercantiles Ltd has announced a 1:2 bonus share issue, approved by shareholders on September 30, 2025. This move has led to a 5% rise in its stock price, reaching ₹7.75, hitting the upper circuit limit. The company reported a revenue of ₹4.41 crore in Q1FY26, a 29% decline year-on-year, but a net profit of ₹0.42 crore, marking a recovery from the previous quarter's loss.