2 Small Cap Companies Announce Stock Splits: Check Record Date Here

2 leading small cap stocks announced stock splits. KCD Industries India Ltd and Jost's Engineering Company, both small cap companies, declared stock splits. Shares of KCD Industries soared 83% in last 3-months and 90% in 6-months. Check details below:

1. KCD Industries Declares Stock Split, Sets Record Date

According to the BSE filing, "We would like to inform to the exchange that Board of the Directors of the Company have considered and fixed Friday, 17th February 2023 as the ''Record Date'', for ascertaining eligibility of shareholders for the following corporate action - 1. Sub-division/split of equity shares of the company: 1 (One) equity share having face value of Rs. 5/- (Rupees Five only) each into 5 (Five) equity shares having face value of Re. 1/- (Rupee One only) each."

2. KCD Industries Stock Outlook, Return

The current market price of the stock is Rs 91.45 apiece with an intraday gain of 4.99%. The stock hit upper circuit in trade today.

The stock's 52-week high is Rs 110.75 apiece and 52-week low is Rs 36.90 apiece, respectively. It has a market capitalisation of Rs 18.29 crore. The stock gave a return of 115% in last 1-year and 73% in last 3-years.

3. Jost's Engineering Company Ltd Sets Record Date For Stock Split

According to the company's BSE filing, "Board of Directors of the Company, at its Meeting held today, inter-alia, approved the following: -Stock Split in the ratio of 2.5:1 (i.e 2.5 new equity shares of Rs 2 each for existing 1equity share of Rs. 5/-)."

4. Jost's Engineering Stock Performance & Return

The current market price of the stock is Rs 535 apiece with intraday fall of 3.27%. The stock's 52-week high is Rs 573.90 apiece and 52-week low is Rs 375.00 apiece, respectively. The company has a market capitalisation of Rs 99.82 crore. The stock gave a return of 17% in last 1-month, 10% in last 3-months, 21% in last 1-year, and 40% in last 3-years.

Disclaimer

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