Goodluck India announces 2:1 bonus issue amid defense order surge
after close1 source ↓written by the desknot a recommendation
- has approved
- 2:1 bonus issue
- corporate guarantee
- ₹275 crore
- 4.1% YoY
- currently near
- 52-week high of ₹1,575
Goodluck India has approved a 2:1 bonus issue and a ₹275 crore corporate guarantee for its defense arm, following a record FY26 performance. The company reported FY26 revenue of ₹4,120.52 crore, up 4.1% YoY, and a net profit of ₹182.58 crore, reflecting strong market confidence in its growth strategy.
This bonus issue is expected to enhance shareholder value and may further boost the stock, which is currently near its 52-week high of ₹1,575. 📈
Not investment advice. For informational purposes only.