1:10 Stock Split: Multibagger Small Cap Stock Issues Record Date For Sub-Division

Small cap company operating in plastics sector, Ok Play India Ltd today fixed March 11, 2024 as the record date for 1:10 stock split. The 1:10 stock split/ sub-division ratio implies that 1 existing share will be sub-divided into 10 new shares. Last trading price of Ok Play India shares on BSE is Rs 206.00 apiece with intraday fall of 2.72%. The company has a market capitalisation of Rs 600.88 crore. Ok Play India shares gained 25% in last 2-weeks and 151% in last 1-year. Check details below:

Ok Play India Declares Record Date: As per the BSE filing of the company dated Feb 26, 2024, "the Company has fixed Monday, 11th March 2024 as the "Record Date" for determining entitlement of Equity Shareholders for the purpose of sub-division/ split of existing Equity Shares of the Company, such that 1 (one) equity share having face value of Rs. 10/- (Rupees ten only) each, fully paid-up, will be sub-divided into 10 (ten) equity shares having face value of Re. 1/- (Rupee one only) each, fully paid-up, ranking pari-passu in all respects which was approved by the Equity Shareholders through Extra-Ordinary General Meeting on 23rd February 2024."

Ok Play India Shares Performance & Return: The 52-week high price of Ok Play India shares on BSE is Rs 215.00 apiece and 52-week low price is Rs 74.10 apiece, respectively. Ok Play India shares zoomed 77% in last 6-months, soared 635% in last 2-years, and offered return of 837% in last 3-years. In last 5-years, Ok Play India stock surged 391%.

Ok Play India Quarterly Results: The company declared its net sales at Rs 33.36 crore in December 2023, down 4.54% as against Rs 34.95 crore in the corresponding quarter of last year. Ok Play declared its net profit at Rs 0.09 crore for December 2023 quarter, down 97.89% as against Rs 4.47 crore in similar quarter of last year. Its EBITDA stood at Rs 5.37 crore in December 2023, down 46.67% from Rs. 10.07 crore in December 2022. The company's EPS declined to Rs. 0.03 in December 2023 from Rs 2.33 in December 2022.

About: Ok Play India Ltd is a top toy manufacturing company in India. It was founded in 1990. OK Play came into the industry as a revolution that set a niche in the market in which toys can be safe and reliable by creating nontoxic toys.

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.