119.05% Up In 6 Months: This Penny Stock Under Rs 25 To Trade Ex-Split On July 20

Square Four Projects India Ltd. is all set stock split of the Company from the face value of Rs. 10/- to face value of Rs. 5/- per share. The Board of Directors in a meeting held on Jun 26, 2023, fixed the record date for the stock split as Thursday, Jul 20, 2023. The Board of Directors of the company recommended the stock split on May 24, 2023.

Record Date

The company in a regulatory filing said, "We would like to inform you that the Board of Directors of the Company has fixed Thursday, 20th day of July, 2023 as the RECORD DATE for the purpose of sub-division / splitting of face value of an of equity share of the Company from Rs. 10/- per share to Rs. 5/-per share."

Stock Split

On May 24, 2023, in an exchange filing, the company said, "In terms of Regulation 30 of the SEBI (LODR) Regulation, 2015, please be informed that the shareholders of the Company have passed the Resolution for Stock Split / Sub Division of Equity Shares of the Company from the face value of Rs. 10/- to face value of Rs. 5/- per share through postal ballot concluded yesterday. The Copy of the Scrutinizer's Report has already been sent to you separately."

Stock Outlook

On Thursday, the shares surged 4.95%, ended at Rs 17.59/share on BSE. It Jumped 10.63% in the past 1 week. It gave 119.05% multibagger return in the past 6 months.

It declined 3.88% in the past 1 year. It jumped 194.64% in the past 2 years. It declined 4.66% in the past 3 years and 21.47% in the past 5 years, respectively.

The stock traded its 52-week high at Rs 22.09/share on Apr 17, 2023, and its 52-week low at Rs 8.01/share on Dec 26, 2022.

Square Four Projects India Ltd. is a microcap commodity chemicals industry company. It has a market valuation of Rs 17.25 Crore.

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.