10:1 Stock Split First Ever: January 02, 2025 - Record Date; Smart Deal To Invest?

Getalong Enterprise Limited is a company that has received ISO 9001: 2015 certification. Getalong Enterprise Limited is a leading source for related services and tax solutions. After the company's Board of Directors announced the record date for a 10:1 stock split, Getalong Enterprise's shares closed Tuesday's trading session 1.93% higher at Rs 533 per share, with a market capitalisation of Rs 106.60 Cr on the BSE.

Getalong Enterprise Stock Split Record Date

"We wish to inform you that the Company has fixed Thursday, January 02, 2025 as the 'Record Date' for the purpose of determining the eligibility of Shareholders for the purpose of sub-division /split of every 1 (One) Equity Share having face value of Rs. 10/- (Rupees Ten only) each, fully paid-up into 10 (Ten) Equity Shares having face value of Re. 1/- (Rupee One) each fully paid-up, as approved by the shareholders in EGM held on December 13, 2024," Getalong Enterprise said in a stock exchange filing.

Getalong Enterprise Financials

In the half-year ending in September 2024, the firm recorded net sales of Rs 0.98 Cr, up from Rs 0.33 Cr in the same period in 2023. In comparison to the same time in the previous fiscal year, its total income was Rs 1.20 Cr as opposed to Rs 0.68 Cr. In H2FY24, the company's net profit was Rs 0.35 Cr, whereas in H2FY25, it was Rs 0.94 Cr.

Getalong Enterprise Share Price Target

"Getalong Enterprises stock price is bearish on the Daily charts with strong resistance at 545. A Daily close below support of 489 could lead to a target of 405 in the near term," said A R Ramachandran, Independent Research Analyst.

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