Kretto Syscon's Stock Surges 5% as Board Considers Bonus Issue
Kretto Syscon Limited, a company engaged in Real Estate Development and Software & IT Solutions, saw its stock hit a 5% upper circuit on BSE after announcing a Board meeting to consider a bonus issue.
Kretto SysconBonus IssueStock MarketReal EstateIt SolutionsReal EstateJun 20, 2025
With a market cap of Rs. 128.6 crores, the shares of Kretto Syscon Limited hit a 5 percent upper circuit at Rs. 2.05 on BSE, compared to its previous closing price of Rs. 1.96. The stock has delivered impressive returns of around 130 percent over the past year, but has experienced a slight decline of over 6 percent in the last month.
According to recent regulatory filings with the BSE, Kretto Syscon Limited has scheduled a Board meeting on Tuesday, 15th July 2025. During this meeting, the Board will consider and recommend the issuance of bonus shares to its equity shareholders, with the exact ratio to be determined and the record date to be announced later.
In addition to the bonus issue, the Board will also discuss the proposal to declare a final dividend of up to 100 percent, equivalent to Re. 1 per equity share of face value Re. 1, subject to shareholder approval at the upcoming Extra-Ordinary General Meeting.
Kretto Syscon Limited reported significant growth in its revenue from operations, showing a quarter-on-quarter rise of around 28 percent from Rs. 1.8 crores in Q3 FY25 to Rs. 2.3 crores in Q4 FY25. However, its net profit decreased during the same period from a profit of Rs. 1 crore to a loss of Rs. 1.4 crores.
Kretto Syscon Limited is primarily engaged in two business segments: Real Estate Development and Software & IT Solutions. In the Real Estate Development segment, the company’s expertise encompasses a wide range of real estate activities, including the strategic purchase and development of both residential and commercial properties across India, development projects, comprehensive management, and more.
In the Software & IT Solutions segment, Kretto Syscon is involved in software design and development, IT assignments and subcontracting, comprehensive IT support, hardware solutions, and more. The company's diverse portfolio and strategic initiatives have contributed to its growth and market position in both the real estate and technology sectors.
Investors are advised to exercise caution and consult their investment advisors before making any decisions based on this information. The views and investment tips expressed in this article are those of the author and not of Trade Brains Technologies Private Limited or its management. Trade Brains Technologies Private Limited is not liable for any losses caused as a result of the decisions based on this article.
Frequently Asked Questions
What is the current market cap of Kretto Syscon Limited?
The current market cap of Kretto Syscon Limited is Rs. 128.6 crores.
When is the Board meeting scheduled to consider the bonus issue?
The Board meeting is scheduled for Tuesday, 15th July 2025.
What is the proposed final dividend for Kretto Syscon Limited?
The proposed final dividend is up to 100 percent, equivalent to Re. 1 per equity share of face value Re. 1.
What are the two main business segments of Kretto Syscon Limited?
The two main business segments of Kretto Syscon Limited are Real Estate Development and Software & IT Solutions.
What was the revenue growth of Kretto Syscon Limited in Q4 FY25 compared to Q3 FY25?
Kretto Syscon Limited reported a quarter-on-quarter revenue growth of around 28 percent, from Rs. 1.8 crores in Q3 FY25 to Rs. 2.3 crores in Q4 FY25.
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