The shares of Five stocks will split in the next 10 days. These 5 stocks have given multibagger returns on long-term holdings. These are Microcap, small-cap and midcap stocks from different sectors. Here is the list of these 5 stocks:
1. Vaxtex Cotfab Ltd.
The company in its exchange filing has informed the NSE, "Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, the Company has fixed Wednesday, 15th February, 2023 as the Record Date, for the purpose of ascertaining the eligibility of shareholders entitled for Sub-division/ Split of 1 (One) Equity share of the Company having face value of Rs. 2/- (Rupees Two Only) each into 2 (Two) Equity shares having face value of Re. 1/- (Rupee One Only) each."
It is a penny stock trading at Rs 6.20/share on NSE. It has given 24.49% positive return in the past 1 week and 38.38% negative return in past 1 year. It is a microcap textiles sector stock.
2. Accuracy Shipping Ltd.
The company in its regulatory filing has said, "Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that, the Board of Directors of the Company has passed the resolution on 01st February, 2022 and has fixed the record date as Wednesday, 15th February, 2023 for the purpose of sub-division of 1 equity share of Rs. 10/- each into 10 equity shares of Rs. 1/- each fully paid up, pursuant to the shareholders' approval received through postal ballot by way of electronic means on 19th January, 2023."
The stock's Current market price is Rs 173/share on NSE. It has given 8.1% negative return in the past 1 year and massive 659.04% positive return in the past 3 years. It is a small cap Services sector stock.
3. Shreeji Translogistics Ltd.
The company in its filing to exchange has said, "With reference to our earlier letter dated 6th January, 2023 and pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed Wednesday, 15th February, 2023 as the 'Record Date' for the purpose of determining eligible shareholders for sub-division (split) of each equity share of face value of Rs 10/- (Rupees Ten Only) each into Five (5) equity shares of face value of Rs 2/- (Rupees Two Only) each paid-up, as approved by the shareholders by way of resolutions passed through Postal Ballot (including remote e-voting) on 6th January, 2023."
The Current market price of the stock is Rs 382.35/share on BSE. It has gained 87.52% in 1 year. Whereas, in 5 years it gained massive 736.81%. It is a small cap Logistics sector stock.
4. KCD Industries India Ltd.
The company in its exchange filing has said, "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."
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.
The stock on BSE last traded at Rs 100.80/share. It has gained 17.21% in 1 week. It gave 124% positive return in 1 year. This is a microcap Textile sector stock.
1.
5. IRB Infrastructure Developers Ltd.
According to the regulatory filing by the company to exchanges, "In terms of Regulation 42 of the SEBI Listing Regulations, we wish to inform you that the Company has fixed Wednesday, February 22, 2023 as the ‘Record Date' for the purpose of determining the eligibility of Shareholders for the purpose of sub-division /split of every 1 (one) equity share having face value of Rs. 10/- (Rupees Ten only) each, fully paid-up into 10 (ten) equity shares having face value of Re. 1 (Rupee One) each fully paid-up, as approved by the shareholders through Postal Ballot on February 06, 2023."
The stock is currently trading at Rs 289.55/share. It has gained 5.03% in 1 week. In the past 3 years it gave 157.93% positive returns. It is a midcap Infrastructure sector stock.
Disclaimer
The above-mentioned information is purely informational. Greynium Information Technologies and the Author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.
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