Multibagger Small Cap Stock Under Rs 100 Approves Stock Split, Check Record Date

Board of Multibagger financial sector stock, Akashdeep Metal Industries Ltd approved stock split and fixed record date. The company has approved sub-division of equity shares in the ratio of 1:5. The company fixed February 23 as the record date. The stock gave 243% return in last 3-years. Check details below:

1. Akashdeep Metal Industries Sets Record Date For Stock Split

The board of directors of the company said in the regulatory filing, "This is to inform you that members of the Company through Postal Ballot have approved sub- division of Equity Shares of the Company from One (1) Equity Share having face value of Rs.10/-each (Rupees Ten only) into Five (5) Equity Shares having face value of Rs.2/- each (Rupees Two only) fully paid up and fix February 23rd, 2023 as a Record Date."

2. Akashdeep Metal Industries Stock Performance & Return

The last trading price of the stock is Rs 92.50 with intraday decline of over 3%. The stock's 52-week high is Rs 174.50 apiece and 52-week low is Rs 33.30 apiece, respectively.

The company has a market capitalisation of Rs 97.15 crore. The stock gave a return of 23% in just 1-week, 2% in last 1-month, 98% in last 1-Year, and 243% in last 3-years.

About Akashdeep Metal Industries

Akashdeep Metal Industries Limited operates as a holding company. The Company, via its subsidiaries, holds investment through shares, debentures, bonds and other financial instrument in metal industries. Akashdeep Metal Industries came into existence in 1983.

Disclaimer

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