Multibagger Petrochemicals Sector Stock To Trade Ex-Split Soon, 5 Years Return 2808%

Maximus International Ltd operates in petrochemical sector. The small cap company came into existence in 2015. Maximus International Limited (MIL) is a subsidiary of Optimus Finance Limited (BSE Listed), a Vadodara based non-banking finance company registered by the Reserve Bank of India.

The value of the share was Rs 12 on May 15, 2017 and now the stock is priced at Rs 349. From May 15, 2017, the stock has given a return of 2808%. The company has already announced its stock split and record date in its regulatory filing as October 3, 2022. Check key takeaways below:

Maximus International Ltd Fixed Record Date For 10:1 Stock Split

The board of directors of the company stated in their regulatory filing, "Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has fixed Monday, 3rd October, 2022 as the "Record Date", to ascertain the name of shareholders entitled for Sub-Division 1( one) fully paid-up Equity Share of the Company having face value of Rs 10/- (Rupees 10) each, into 10 (Ten) fully paid up Equity Shares having face value of Re 1/- (Rupee One) each."

Maximus International Ltd Stock Outlook

The current market price of the stock is Rs 349 apiece with an intraday decline of 5%. The stock's 52-week high is quoted at Rs 480 apiece and 52-week low is Rs 86 apiece, respectively.

Maximus International Ltd Market Capitalisation

The company has a market capitalisation of Rs 439 crore at the time of writing the story.

Maximus International Ltd 5 Years Return

The shares have given a 5-years return of 2643%. The stock has given a return of 249% in the last 1 year, 243% in last 6-months, 159% in last 3-months, and 11% in last 1 month.

Maximus International Ltd About

MIL is engaged in importing, trading and exporting a wide range of products in various quantities and specifications to meet the variegated requirements of its clients for whom it acts as a Resource/Intermediate Company. It has established infrastructure in Vadodara, with an office at the prime business hub equipped with various departments that help carry out business related activities, according to its official website.