1 Share Turns Into 10: Small Cap Stock Turns 10x Cheaper After 1:10 Stock Split, Record Date This Week; Buy?

Initially, as Ajmera Financials and Project Consultants Pvt. Ltd. was established in 1986 in Mumbai, Ajcon Global Services Ltd. is a financial services firm. Ajcon Global offers a variety of services, such as investment banking, corporate financial advising, depository services, stock and commodities trading, and merchant banking. Ajcon Global is listed with SEBI as a Category 1 Merchant Banker. With a market value of Rs 87.21 Cr, Ajcon Global Services' shares closed Monday's trading session 3.42% higher on the BSE at Rs 142.59 a share, as the record date for the 1:10 stock split draws closer.

Ajcon Global Services Stock Split

"Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"), this is to inform you that the Board of Directors of the Company has fixed Friday, 20.06.2025, as the "Record Date" for determining the eligibility of Shareholders for the purpose of sub-division/ split of equity shares of the Company, such that 1 (One) equity share having face value of 10 (Rupees Ten Only) each, fully paid up, be sub-divided/split into 10 (Ten) equity shares having face value of 1 (Rupees One Only) each," said Ajcon Global Services in a stock exchange filing.

Ajcon Global Services Financials

Revenue for the firm was Rs 3.37 cr in Q4FY25, down around 1.5% QoQ (from Rs 3.43 cr in Q3 FY25) and 8.3% YoY (from Rs 3.67 cr in Q4 FY24). EBITDA dropped by about 312% to Rs 0.72 cr from +Rs 0.34 cr in Q4 FY24. In contrast to its Q4 FY24 profit of Rs 0.10 cr and Q3 FY25 profit of Rs 0.26 cr, the firm posted a net loss of Rs 0.77 cr. The PAT margin dropped precipitously to -22.5%.

In FY25, the company's revenue was Rs 16.81 cr, a little YoY rise of 4.5% from FY24's Rs 16.09 cr. At Rs 0.54 cr, net profit was down by 57% year on year from Rs 1.25 cr the previous year. EPS decreased from Rs 2.05 per share in FY24 to Rs 0.88 per share. Net margin dropped to around 3.3% (FY25 vs. 7.8% in FY24), while profit margins plummeted by about 9.6% (FY25 vs. 15.2% in FY24).

Ajcon Global Services Share Price Target

"Ajcon Global stock price is bearish & overbought on the Daily charts with strong resistance at 146. A Daily close below support of 130 could lead to a target of 114 in the near term" commented A R Ramachandran, independent research analyst.

Disclaimer

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