Penny Stock Under Rs 50 Gave 109.99% In 3 Months To Consider Stock Split, Check Details

Globe Multi Ventures Ltd (Formerly known as Globe Commercials Ltd) on March 23, 2023, in its regulatory filing, informed the shareholders about the consideration of the Stock Split. According to the exchange filing, the Board of Directors of the company will consider the Stock Split on April 5, 2023.

Stock Overview - Current Market Price, Returns, 52-Week High/Low

The stock on Friday last traded at Rs 47.72 apiece, up 4.99% from the previous close of Rs 45.45 apiece. The stock recorded the 52 week high at Rs 51 apiece on 3 February 2023 and 52 week low at Rs 4.54 apiece on 6 January 2022, respectively.
In 5 days, the stock gained 21.3%. In the past 1 month, it gained 13.35%. In 3 months it gained 109.99% positive return. In the past 1 year, it gained 384.47%. In the past 5 years, it gained 206.39%.

Intimation of Board Meeting

According to a regulatory filing by the Board of Directors of Globe Multi Ventures Ltd, "With reference to the above, we wish to inform you that the meeting of Board of Directors is scheduled to be held on 5th April, 2023, at 11.00 A.M. for considering the following business: 1. To consider and approve the sub-division / split of equity shares face value of Rs.10/- each into equity share of face value of Rs.1/- each. 2. To convene the Extraordinary General Meeting of the Members of the Company for approval of sub-division / split of shares. 3. To fix the record date for ascertaining eligibility of shareholders for the purpose of subdivision / split of shares."

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