1:10 Stock Split: Small Cap Stock Hits Lower Circuit, Rallies 304% In 1-Yr

Board of directors of small cap company Franklin Industries Ltd recommended stock split/sub-division in the proportion of 1:10. Last trading price of Franklin Industries share BSE is Rs 38.88 apiece with intraday fall of 4.99%. Franklin Industries shares hit 5% lower circuit in trade today. Franklin Industries stock offered return of 173% return in last 6-months and gained 304% in last 1-year. Check details below:

Franklin Industries Approves Stock Split: According to the BSE filing of the company as on November 27, 2023, "recommended Sub-Division of 1 (one) Equity Share of face value of Rs. 10/- (ten) each fully paid up into 1 (one) Equity Shares of Rs. 1/- (one) each fully paid up, resulting in issuance 10 (ten) Equity Shares of Rs. 1/- (one) each fully paid up, thereby keeping the paid up capital intact, subject to the approval of the Members in the ensuing Extra Ordinary General Meeting."

Franklin Industries Stock Performance & Return: Last trading price of Franklin Industries share BSE is Rs 38.88 apiece with intraday fall of 4.99%. Its 52-week high price is Rs 47.35 per share and 52-week low price is Rs 8.87 per share, respectively. The company has a market capitalisation of Rs 14.06 crore. Franklin Industries shares gained 191% in last 2-years and soared 246% in last 3-years.

Franklin Industries About: Franklin Industries Limited (Formerly Known as Murad Properties & Projects Limited) came into existence in February 08, 1983. The Company is presently working in two segments, one in wholesale trading of agriculture commodities and the other in wholesale trading of jewellery.

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