Penny Stock Revised Record Date For Bonus Issue & Stock Split, Soars 21.43% In 1 Week

Microcap Financial Services sector stock, Global Capital Markets Ltd (GCM), formerly known as Global Capital Markets & Infrastructure Ltd, has revised the "Record Date" for Bonus Issue & Stock Split. The Board Of Directors in Meeting held on March 8, 2023, informed the exchange about the same. GCM is a penny stock having a market capitalisation of Rs 92.85 crore. Check below to know key takeaways about the stock and record date:

Revised Record Date For Bonus Issue Stock Split

In its exchange filing to BSE, the Board of Directors of Global Capital Markets Ltd said, "With reference to the above captioned matter and pursuant to Section 91 of the Companies Act, 2013 and in compliance with Regulation 42 of SEBI LODR Regulations, 2015, members are hereby informed that the Company has fixed Record date of 20th March 2023 for subdivision in face value of Equity Shares of ₹ 10/- to ₹ 1/- each and issue of Bonus Equity Shares in the ration of 1:1, under Regulation 42 of SEBI LODR Regulations, 2015. "

Record Date: March 20, 2023
Purpose: Sub-division in Face Value of Equity Shares & Issue of Bonus Equity Shares in the ratio of 1:1

Stock Performance - CMP, 52 Week High/Low, & Returns

The current market price (CMP) of the GCM is Rs 33.84/share on BSE, trading up 4.98% as compared to its previous close of Rs 35.53/share. Today, the stock opened at Rs 37.25/share.

The stock recorded its 52 week high on 20 December 2022 at Rs 45/share and 52 week low on 1 June 2022 at Rs 3.79/share, respectively. According to BSE, the stock was listed on 22 May 1995.

The stock has jumped 21.5% in the past 1 week. It gave 28.18% positive return in the past 1 month and 9.22% in the past 3 months, respectively. The stock has given multibagger returns of 725.22% in 1 year and 881.58% in 5 years, respectively.

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