Rama Steel Tubes shares jumped 110 per cent in the last one year. Shares of Globe Commercials have gained 190 per cent during the same period

2 multibagger stocks Rama Steel Tubes and Globe Multi Ventures to go ex-bonus on Friday

These stocks are G M Polyplast, SecUR Credentials, Globe Commercials and Rama Steel Tubes. Three of them are even multibaggers by recording triple-digit gains in 2022. Ex-bonus date is an important day for investors to be eligible for bonus shares.

4 smallcap stocks will turn ex-bonus in Jan 2-6 week; 3 of them are multibaggers

With a market cap of ₹13.71 Cr, Globe Commercials Ltd. is a small-cap company that operates in the commercial services industry.

Multibagger stock hit fresh 52-week-high, record date for bonus shares revised

With a market valuation of ₹13.07 Cr, Globe Commercials Ltd. is a small-cap company that engages in the commercial services industry.

Multibagger stock hit 5% upper circuit, Board approves 1:1 bonus shares

Globe Commercials reports standalone net profit of Rs 0.63 crore in the September 2021 quarter

The objective of the company is to enter into JV with other logistics companies and to provide consultancy services.

Globe Commercials to rename as ‘Globe Multi Ventures’; Stock hits new high

Globe Commercials standalone net profit rises 1966.67% in the June 2021 quarter

Globe Commercials standalone net profit declines 33.33% in the March 2021 quarter

Globe Commercials reports standalone net loss of Rs 0.02 crore in the December 2020 quarter

Price return has been average, nothing exciting

Performance

Undervalued compared to the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Globe Commercials is engaged in the business of financing the industrial and commercial client.