FMCG Sector Microcap Stock Under Rs 50 Approves Stock Split

Shree Ram Proteins Ltd. in its Board meeting held today, 04 April 2023, approves Stock Split for the Financial year 2022-23. The record date for the stock split will be intimated in due course, according to the regulatory filing. The company operates in FMCG sector having a market valuation of Rs 92.32 crore. Details are below:

Approved Stock Split

According to the regulatory filing by the Board of Directors of Shree Ram Proteins Ltd., "Approved Sub-Division/Split of existing 1 (One) equity Shares of face value of Rs.10/- each fully paid up into 10 (Ten) equity shares of Rs.1/- each fully paid up, subject to the approval of shareholders of the Company. The Record Date for the purpose of Sub-division/Split of equity shares will be intimated in due course,"

Shree Ram Proteins' Stock Performance and Outlook

The stock last traded at Rs 43.10/share, up 4.48% as compared to the previous close. It recorded 52 week high on 4 April 2022 at Rs 138/share and 52 week low on 31 March 2023 at Rs 37.45/share, respectively.

It has given 4.87% positive return in the past 1 week. In the past 1 month, it gave 22.69% negative return and 30.87% in 3 months, respectively. It has given 67.69% negative return. In the past 5 years, it gave 34.69% positive return.

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