Stock Split Jan 2024: Plastic Sector Co To Declare On Jan 30, Shares Zoom 415% In 2-Yrs

Small cap company Ok Play India Ltd shares today hit 5.00% upper circuit as it informed that the Board of Directors will hold a meeting on January 30 to consider sub-division/stock split. Last trading price of Ok Play India share on BSE is Rs 150.90 apiece with intraday surge of 4.97%. Ok Play India shares fell 11% in last 1-month and gained 225% in last 1-year. Check details below:

Ok Play India To Consider Stock Split: As per the BSE filing of the company dated Jan 11, "We wish to inform you that pursuant to regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015 a meeting of the Board of Directors of the Company is being convened on Tuesday, the 30th day of January, 2024:

(i) Sub-division/ split of existing equity shares of face value of Rs. 10/- each, fully paid-up, by alteration of Capital Clause of the Memorandum of Association of the Company;"

Ok Play India Financials: The company for the quarter ended September 30, 2023 declared its consolidated total income at Rs 40.45 crore, down 6.48% as against the total income of Rs 43.45 crore in the last quarter. It announced its latest quarter net profit after tax at Rs .41 crore.

Ok Play India Stock Outlook & Return: The 52-week high price of Ok Play India share on BSE is Rs 184.80 per share and 52-week low price is Rs 44.20 per share, respectively. Ok Play India shares offered return of 20% in last 6-months, gained 647% in last 3-years, and surged 169% in last 5-years.

Disclaimer:

The stock just 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.