06 Oct 2025 | 5 Mins Read

Stock hits 5% upper circuit after bonus share record date announced

Flipitmoney

Chandrima Mercantiles Ltd, a trading company with a market cap of ₹172.14 crore, announced a 1:2 bonus share issue, approved by shareholders on September 30, 2025. Following the announcement, the stock price rose 5% to ₹7.75, hitting the upper circuit limit. Over the past year, the stock has delivered a 101% return. In Q1 FY26, the company reported a net profit of ₹0.42 crore.