1022% Rally In 1-Yr: Finance Stock To Consider Bonus Issue, Stock Split; Hits Upper Circuit

Board of small cap stock operating in financial services sector, Standard Capital Markets are scheduled to hold a meeting on November 24 to declare bonus share and stock split/sub-division of shares. Last trading price of Standard Capital Markets share on BSE is Rs 56.00 apiece with intraday gain of 1.82%. The stock hit upper circuit today. In last 1-year, Standard Capital Markets shares soared 1042%. Check details below:

Standard Capital Markets Likely To Declare Bonus Share, Stock Split: According to the BSE filing of the company dated November 7, 2023, "In compliance of Regulation 29(1)&(3)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that a meeting of the Board of Directors of the Company is scheduled to be held on Friday 24th November 2023 at 2:00 PM at Registered Office of the Company G-17 Krishna Apra Business Square Netaji Subhash Place Pitampura New Delhi 110034 to consider, inter alia, the proposal of sub-division of equity shares and proposal for issuance of bonus issue of Equity Shares of the Company."

Standard Capital Markets Stock Performance & Return: Current market price of Standard Capital Markets share on BSE is Rs 56.00 per share. The stock hit upper circuit in trade today and touched lower circuit yesterday. Standard Capital Markets has a market capitalisation of Rs 274.40 crore. Standard Capital Markets shares soared 156% year-to-date, soared 1042% in last 1-year, gave return of 3081% in last 2-year, and offered return of 3633% and surged 4017% in last 5-years.

Standard Capital Markets Financials: The company for the quarter ended September 30, 2023 declared its standalone total income at Rs 5.65 crore, up 2.47% as against Rs 5.52 crore declared in the corresponding period of last quarter. It announced its net profit after tax at Rs 2.31 crore in latest quarter.

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The stock just highlights the dividend, 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.