621% Return In 1-Yr: Small Cap Stock Revises Record Date For 1:5 Stock Split

Penny stock priced under Rs 33, RO Jewels Ltd fixed March 18 as the revised record date for determining eligibility of members for the purpose of sub-division of equity shares. The stock rallied 621% return in last 1-year. The company earlier announced stock split in the ratio of 1:5. The stock hit upper circuit today. Check details below:

RO Jewels Ltd Revises Record Date For Stock Split: According to the BSE filing of the company, "Fixed 18" March, 2023 as the revised "Record Date" for determining the eligibility of members for the purpose of Sub-Division of the Equity Shares of the Company from face value of Rs. 10/- each to face of Rs. 2/- each (with a corresponding increase in the total no. of shares)."

RO Jewels Ltd Stock Performance & Return: Last trading price of RO Jewels is Rs 32.60 apiece with intraday gain of 4.99%. The stock has been hitting back to back upper circuits for the last few days. Its market capitalisation is Rs 32.89 crore. The stock gave 27% return in just last 1-week, fell 9% in last 1-month, gave 63% return in last 6-months, and huge 621% return in last 1-year.

RO Jewels Ltd About: It is engaged in the wholesale business of gold and Silver chains. Its registered office and business of operation is based in Ahmedabad. It essentially sells gold based chains, bracelets, gold/silver bars and necklaces.

Disclaimer: The stock revised record date for stock split. Greynium Information Technologies, the Author, and the respective Brokerage House 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.