1:10 Stock Split: Small Cap Tourism Stock Hits 52-Week High, Rallies 303% YTD

Small cap company Growington Ventures India shares hit fresh 52-week high in trade on December 22 when the stock price soared to Rs 231.00 per share on BSE.

Last trading price of Growington Ventures share on BSE is Rs 218.20 per share. Growington Ventures shares offered shareholders return of 303% year-to-date and soared 2337% in last 2-years. Check details below:

Growington Ventures India Declares Stock Split: According to the BSE filing of the company dated December 13, 2023, "Alteration in the capital of the Company by sub-division/split of existing equity share of the Company from 1 (one) equity share having face value of Rs. 10/- (Rupees Ten only) each, fully paid-up into 10 (ten) equity shares having face value of Re. 1/- (Rupee One) each fully paid-up, subject to the approval of shareholders of the Company. The Record Date will be intimated in due course."

Apart from the aforementioned decision, the board has decided to seek approval of the shareholders through postal ballot for appointment of Mr. Mukesh Patwa (DIN No.06676976) as Whole time director of the Company for a period of 5 (five) consecutive years with effect from December, 13 2023.

Bonus Share: Earlier, Growington Ventures declared bonus share in the proportion of 24:100 implying shareholders received 24 bonus shares for every 100 shares held on the record date. The ex-bonus date was March 24, 2023.

Growington Ventures Stock Performance & Return: The stock's 52-week high price is quoted at Rs 231.00 per share and 52-week low price is Rs 44.09 per share, respectively. It a market capitalisation of Rs 350.33 crore. Growington Ventures shares offered rally of 45% in last 6-months, gained 303% YTD, soared 280% in last 1-year, and offered return of 2337% in last 2-years. In last 3-years, Growington Ventures shares jumped 588% and rose 1669% in last 5-years.

Growington Ventures About: Growington Ventures India Ltd (Formerly known as VMV Holidays Limited) came into existence under the Companies Act, 1956 in August 03, 2010. It is mainly engaged in tours and travels activities, providing air ticketing services, hotel booking, car booking, and tour package among others.

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.