Penny Stock Below Rs 1 Declared Stock Split, Gave 94.74% Returns In 3 Yrs, Details Inside

Avance Technologies Ltd, a microcap penny stock, today, on 13 February 2023, declared the sub-division (Split) of Equity shares. The stock operates in the IT software sector having a market capitalisation of Rs 7.33 crore. Check details:

Stock Outlook & Performance Over The Years

The stock of Avance Technologies last traded at Rs 0.37 apiece on BSE. The stock recorded its 52 week low on 6 June 2022 at Rs 0.36 apiece. It recorded its 52 week high on 4 April 2022 at Rs 0.49 apiece. The stock has fallen 24.49% in the past 1 year. It gave 94.74% in the past 3 years. In 5 years it has fallen 69.92%.

 

Avance Technologies Declared Stock Split

According to the regulatory filing by the Board of Directors of Avance Technologies Ltd., "Sub-division/split of existing equity shares of the company from 1 (One) equity share having face value of Rs. 10/- each (Rupees Ten only) fully paid up into 2 (Two) equity shares having face value of Rs. 5/- each (Rupees Five only) fully paid up, subject to approval of members of the Company. The Record Date for the proposed sub-division/split shall be decided by the board and will be intimated to the stock exchange in due course. The detailed disclosure as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 read with SEBI circular No. CIR/CFD/CMD/ 4/2015 dated September 9, 2015 is enclosed as Annexure B."

 

Disclaimer

The above-mentioned information is purely informational. Greynium Information Technologies and the Author 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.