1:5 Stock Split/Sub-Division: Board Of NBFC Co Sets March 15 Record Date, YTD Return 145%

Small cap company from the NBFC sector, Colab Cloud Platforms Ltd shares today hit 2% upper circuit and 52-week high to settle at Rs 162.10 apiece. The face value of Colab Cloud Platforms shares will soon change as Board of Directors today fixed March 15, 2024 as the record date for sub-division of shares in the ratio of 1:5. Colab Cloud Platforms shares zoomed 145% year-to-date and rallied 204% in last 3-months. Check details below:

Colab Cloud Platforms Sets Record Date For Sub-Division Of Shares: As per the regulatory filing of the company issued on Feb 29 post market hours, “We hereby inform to the exchange that the Board of Directors have considered and fixed Wednesday, 13th March 2024 as a Record Date for ascertaining eligibility of shareholders for sub-division/Split of equity shares of the Company from 1 (One) equity share having face value of Rs. 10/- (Rupees Ten only) each into 5 (Five) equity shares having face value of Rs. 02/- (Rupees Two only) each.”

Colab Cloud Platforms Shares Performance & Return: The 52-week high price of Colab Cloud Platforms shares on BSE is Rs 162.10 apiece and 52-week low price is Rs 36.05 apiece, respectively. The company has a market capitalisation of Rs 165.34 crore. Colab Cloud Platforms shares gained 264% in last 6-months and 150% in last 1-year and offered return of 336% in last 2-years. In last 3-years, Colab Cloud Platforms shares surged 714%.

Colab Cloud Platforms Financials: The company for the quarter ended December 31, 2023 declared its standalone net profit at Rs 0.88 crore, up 109.34% as compared to Rs 0.42 crore declared in the corresponding quarter of last year. The company declared its net sales at Rs 1.12 crore for the December 2023 quarter, up 82.89% from Rs 0.61 crore in the similar quarter of last year. Its EBITDA stood at Rs 0.88 crore for the quarter under review, up 109.52% as against Rs 0.42 crore in December 2022. The company declared the EPS at Rs 0.87 for December 2023 from Rs 0.41 in December 2022.

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