1:10 Stock Split: Small Cap Stock Sets Jan 11 As Record Date, Rallies 307% YTD

Small cap company Franklin Industries Ltd today fixed January 11, 2024 as the record date for sub-division/stock split in the ratio of 1:10. Last trading price of Franklin Industries share is Rs 43.54 with intraday gain of 0.55%.

Franklin Industries shares gained soared 307% year-to-date. Check details below:

Franklin Industries Sets Record Date For 1:10 Stock Split/Sub-Division: According to the BSE filing of the company dated December 28, 2023, "Pursuant to the Regulation 42 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 we hereby intimate you the record date for the purpose of 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." The company set January 11, 2024 as record date.

Earlier the company 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 43.54 apiece. 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 15.74 crore. Franklin Industries shares gained 241% in last 6-months, soared 306% year-to-date, and offered return of 326% in last 1-year. In last 3-years, Franklin Industries shares jumped 220%.

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.