1:2 Stock Split: Small Cap Multibagger Stock Fixes Record Date

Small Cap Stock, K P Energy Ltd fixed March 10, 2023 as the record date for 1:2 stock split on February 9, 2022. The company has a market capitalisation of Rs 404 crore. The stock gave multibagger returns to investors over the years. Check detail below:

1. K P Energy Sets Record Date For Stock Split

The board of directors of the company said in the BSE filing, "Board of Directors of the Company has fixed Friday, March 10, 2023, as the 'Record Date' for determining the eligibility of Shareholders for the purpose of sub-division/split of equity share having face value of Rs. 10/- (Rupees Ten only) each, fully paid-up into 2 (Two) equity shares having face value of Rs. 5/- (Rupees Five only) each fully paid-up."

2. K P Energy Stock Performance & Return

The last trading price of the stock is Rs 363.95 apiece with intraday gain of 0.21%. The stock's 52-week high is Rs 488.55 apiece and 52-week low is Rs 140.70 apiece, respectively.

The stock gave 32% return in last 6-months, 24% return in last 1-year, 243% in last 3-years, and 88% in last 5-years. The company for the quarter ended December 31, 2022 declared a consolidate total income of Rs 108.47 crore, up 87.48% from last quarter total income of Rs 57.86 crore.

3. About KP Energy Limited

KP Energy Limited is Gujarat's prominent balance of plant solution provider in Wind Industry engaged, from conceptualization till the commissioning of a wind energy project. It was incorporated in 2010.

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