Construction Sector Penny Stock Approved Stock Split, Gained 27.58% In 1 Month, Details Inside

Vivanta Industries Ltd on January 18, 2018, approved the Sub-Division (Stock-Split) of the equity shares. This is a Penny stock that operates in the construction sector having a market capitalisation of Rs 24.75 Crore. It is a BSE-listed stock. Here are the key highlights of the stock:

Vivanta Industries Stock Performance

The share price of Vivanta Industries closed at Rs 24.75 apiece on BSE, after falling 4.99% as compared to its previous close of Rs 26.05 apiece. The stock recorded 52 week high on 11 February 2022 at Rs 32.45 apiece and 52 week low on 5 July 2022 at Rs 12.16 apiece, respectively. The Stock was listed on 20 August 2018 on BSE. Since the date of listing, it has declined by 17.5%. In the past 1 week, it has fallen 7.48%. However, it gained 27.58% in the past 1 month. It declined 4.44% in the past 3 months and in the past 1 year, it declared 16.81%, respectively. 

Sub-division of Equity Shares of the Vivanta Industries

According to the regulatory filing by the Board of Directors of Vivanta Industries on January 18, 2023, "The Board considered the proposal for sub-division of 1 (One) equity share of the Company having face value of Rs. 10/- each into 10 (Ten) equity shares having face value of Rs. 1/- each, subject to regulatory /statutory approvals as may be required and the approval of the members of the Company. Further, the Board recommended consequential amendments in the Capital Clause of the Memorandum of Association of the Company, subject to approval of the members of the Company. The record date for the sub-division of equity shares shall be decided by the Board and will be intimated to the exchanges."

 

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