Small-cap stock under ₹50: Bhatia Communications and Retail (India) Ltd announced on Wednesday, May 21, that the company will conduct its board meeting on Monday, May 26, to consider and approve its January-March quarter results for fiscal 2024-25 (Q4FY25). The small-cap firm will also declare a final dividend for FY25 on the same day at its board meeting.
Bhatia Communications & Retail (India) Ltd involved in the retail and wholesale distribution of mobile handsets, tablets, data cards, and related accessories. It operates through a network of owned retail stores, franchised stores, and multi-product outlets, primarily in the South Gujarat region.
"….We wish to inform you that a Meeting of the Board of Directors of the company is scheduled to be held on Monday, 26th May, 2025 at 03.00 P.M. at the Registered Office of the company situated at 132, Dr. Ambedkar Shopping Centre, Ring Road, Surat-395002 inter alia to transact the following businesses:
1. To consider and approve the standalone audited financial results along with audit report thereon for the quarter and year ended on 31st March, 2025.
2. To consider and recommend final dividend, if any, on the equity shares of the company for the financial year 2024-25," said Bhatia Communications and Retail (India) in a regulatory filing to the stock exchanges today.
“Further, it is stated that pursuant to the Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of trading by insiders in respect of securities of the company and pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015 as amended from time to time, the Trading Window for dealing in the equity shares of the company is already closed for the directors, officers, designated employees, immediate relatives of respective persons covered under the said policy of the company from 01st April, 2025 till 48 hours after the declaration of audited financial results of the Company for the quarter and year ended on 31st March, 2025.”
On Wednesday, shares of Bhatia Communications opened at ₹23.81 and hit an intraday low of ₹22.86, before settling 1.84 per cent lower at ₹22.91 apiece on the BSE. Shares of Bhatia Communications tanked three per cent in five days, seven per cent in one month, and 22 per cent year-to-date (YTD). Shares of the smallcap have rallied nearly five per cent in one month.
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