Fredun Pharmaceuticals Ltd has announced a 2:1 bonus issue following its Q4 results. For every 100 shares held, investors will receive 200 additional shares. The company reported a 56% year-on-year increase in net profit to ₹11 crore, with revenue rising 27% to ₹213 crore. In the past year, the stock has delivered a 223% return, turning a ₹1 lakh investment into over ₹3 lakh. The board also proposed a dividend of ₹0.70 per share. Despite overall market volatility, the stock saw a 3% intraday rise. https://telugu.samayam.com/business/share-market/fredun-pharmaceuticals-limited-announces-21-bonus-issue-alongside-strong-financial-results/articleshow/131324554.cms #creator program