2 Small Cap Multibagger Stocks To Undergo Stock Split Next Week: M. K. Proteins Ltd, Avance Technologies Ltd

Shares of two listed companies will undergo a stock split next week starting November 6. The two stocks that will undergo a stock split in the upcoming week include M. K. Proteins Ltd and Avance Technologies Ltd. The duo has set stock split record date on November 10.

M. K. Proteins Ltd Stock Split:

Purpose of stock split - Stock Split From Rs.10/- to Rs.1/-
Start Date - November 6, 2023
End Date - November 9, 2023
Record Date - November 10, 2023
The share price of MK Proteins closed 2.09% lower at Rs 820.40 per share on Friday. M. K. Proteins is a multi-bagger stock as the returns from the stock have increased 121% in the last one year. The Board of Directors of the Company has fixed November 10, 2023, as the Record Date for the purpose of sub-division/split of 1 (one) Equity Shares of the Company having a face value of Rs. 10/-meach into 10 (Ten) Equity shares of the company having face value of Re. 1 each.

Avance Technologies Ltd Stock Split

Purpose: Stock Split From Rs.5/- to Rs.1/-
Start Date - November 6, 2023
End Date - November 9, 2023
Record Date - November 10, 2023

The share price of Avance Technologies last closed 1.82% higher at Rs 820.40 per share on Friday. In the last one year, the stock has gained almost 787.8%.

The company has considered and fixed Friday, November 10, 2023, as a Record Date for ascertaining eligibility of shareholders for subdivision/Split of equity shares of the Company from 1 equity share having face value of Rs. 5/- each into 5 equity shares having face value of Re. 01/- each.