Rs 12 To Rs 83 In 6-Months: Small Cap Financial Stock Sets Record Date For 1:10 Stock Split

Small cap stock, KBS India Ltd fixed February 24, 2023 as the record date for stock split. Earlier last year in December, KBS India declared stock split in the ratio of 1:10. The company has a market capitalisation of Rs 86.59 crore. The shares of the company rallied 1931% in last 5-years. Check details below:

1. KBS India Fixes Record Date For Stock Split

The board of directors of the company fixed February 24, 2023 as the record date for stock split.

According to the BSE filing, "Company has fixed Friday, February 24, 2023 as the 'Record Date' for the purpose of determining eligibility of shareholders for the purpose of sub-division of one (1) equity shares having face value of Rs. 10 (Rupees Ten) each into 10 (Ten) equity shares of nominal value of Rs. 1/- each in the share capital of the Company as approved by the shareholder."

2. KBS India Stock Performance

The stock's last trading price is Rs 83.90 apiece with an intraday gain of 3.45%. The stock hit upper circuit in trade today. The stock's 52-week high is Rs 142.50 apiece and 52-week low is Rs 10.26 apiece, respectively.

3. KBS India Return

The stock has given multibagger returns over the years to investors. In last 1 year only, the shares of the company soared 620%.

The stock was priced Rs 12.42 on August 5, 2022 and today (Feb 6, 2023) the stock's last trading price is Rs 83.90 apiece, up 575%. The stock rallied 1931% in last 5-years.

The company declared a standalone income of Rs 1.02 crore for the quarter ended September 30, 2022, down 7.69% from last quarter total income of Rs 1.10 crore.

4. KBS India About

KBS India Ltd provides wealth management services. It offers stock market investment planning and securities brokerage services. The company was incorporated in 1985.

Disclaimer

The stock gives details of record date for stock split. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.