1:5 Stock Split: Penny Stock Sets Nov 10 As Record Date, Shares Rally 1015% YTD

Small cap penny stock from the IT Software sector, Avance Technologies today fixed November 10, 2023 as the record date for stock split in the ratio of 1:5. Earlier, board of Avance declared 1:5 stock split on September 25, 2023. Avance Technologies shares gained 1015% year-to-date (YTD) and offered return of 910% in last 1-year. Last trading price of Avance Technologies stock on BSE is Rs 2.12 per share with intraday gain of 1.92%. Check more details below:

Avance Technologies Fixes Record Date For Stock Split: According to the BSE filing of the company issued today, "With reference to the above cited subject and in continuation to corporate announcement dated 31 October 2023 regarding declaration of voting results for split/sub-division of equity shares of the Company, we hereby inform to the exchange that the Board of Directors have considered and fixed Friday, 10th November 2023 as a Record Date for ascertaining eligibility of shareholders for subdivision/Split of equity shares of the Company from 1 (One) equity share having face value of Rs. 5/- (Rupees Five only) each into 5 (Five) equity shares having face value of Re. 01/- (Rupee One only) each."

Avance Technologies Shares Outlook & Return In Last 10-Years: Last trading price of Avance Technologies stock is Rs 2.12 apiece. Avance Technologies' 52-week high price is quoted at Rs 2.66 per share and 52-week low price is Rs 0.18 per share, respectively. The company's market capitalisation is Rs 84.03 crore. Avance Technologies stock offered return of 236% in last 6-months, soared 748% in last 3-years, and surged 2020% in last 5-years. In last 10-years, Avance Technologies stock gained 371%.

Avance Technologies Financials: The company for the quarter ended June 30, 2023 declared its standalone total income at Rs 2.56 crore, up 337.13% as against last quarter total income of Rs .58 crore. It declared its recent quarter net profit after tax at Rs .18 crore.

Avance Technologies About: The company offers range of services including search engine optimization (SEO), pay-per-click (PPC) advertising, content marketing, social media management, conversion rate optimization, and marketing automation. It stays up-to-date with the latest industry trends, tools, and technologies to ensure our clients stay ahead of the competition, as per its official website.

Disclaimer: The stock highlights the stock split and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.