1:10 Stock Split: Stock Under Rs 84 Hits 10% Upper Circuit On Ex-Split Day

Small cap stock from the industry of Meat Products including Poultry, HMA Agro Industries Ltd hit 10% in trade today as shares traded ex-split today. Last trading price of HMA Agro Industries Ltd share on BSE is Rs 84.00 per share with intraday gain of 10.00%. HMA Agro Industries shares also hit 52-week high intraday today.

Earlier this month on December 12, HMA Agro Industries Ltd fixed December 29, 2023 as the record date for stock split in the ratio of 1:10. Check details below:

HMA Agro Industries Ltd Trades Ex-Split Today: As per the BSE filing of the company issued on December 12, "Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) 2015, we wish to inform you that pursuant to the shareholders' approval obtained though postal ballot on December 10, 2023, the Board of Directors of the Company has fixed Record Date as mentioned below in the table for the purpose of subdivision/split of 1 (one) Equity Shares of the Company having a face value of Rs. 10/- each into 10 (Ten) Equity shares of the company having face value of Re. 1 each."

HMA Agro Industries Stock Outlook & Return: The stock's 52-week high price is Rs 84.00 per share and 52-week low price is Rs 56.48 per share, respectively. The company has a market capitalisation of Rs 4206.47 crore. HMA Agro Industries shares soared 10% in last 1-week, gained 15% in last 2-weeks, offered return of 30% in last 1-month, and gained 11% in last 3-months.

HMA Agro Industries About: It came into existence in 2008. The company operated in food trade organization for handled food and agro products that may include frozen fresh buffalo meat, prepared/frozen natural products, vegetables, and cereals in India, among others. The company is among the largest exporters of frozen buffalo meat products from India and exports to more than 40 countries across the globe.

Disclaimer: The stock highlights 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.