Penny Stock Under Rs 6 Sets Record Date For 1:2 Stock Split

Penny stock under Rs 6, Vaxtex Cotfab Ltd has fixed February 15, 2023 as the record date for 1:2 stock split. The last trading price of the stock is Rs 5.00 apiece. It has a market capitalisation of Rs 2,509.79 lakhs. Check details below:

1. Vaxtex Cotfab Sets Record Date For Stock Split

The board of directors of Vaxtex Cotfab stated in their NSE filing, "Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, the Company has fixed Wednesday, 15th February, 2023 as the Record Date, for the purpose of ascertaining the eligibility of shareholders entitled for Sub-division/ Split of 1 (One) Equity share of the Company having face value of Rs. 2/- (Rupees Two Only) each into 2 (Two) Equity shares having face value of Re. 1/- (Rupee One Only) each."

2. Vaxtex Cotfab Stock Performance

The last trading price of the stock is Rs 5.00 apiece with an intraday gain of 2.04%. The stock's 52-week high is Rs 37.35 apiece and 52-week low is Rs 4.55 apiece, respectively. The stock's day high price was recorded at Rs 5.05 apiece and day low price was Rs 4.75 apiece, respectively.

3. Vaxtex Cotfab Return

The stock declined 18% in last 1-month, 57% in last 3-months, and 73% in last 1-year. The stock gave a return of 80% in last 3-years. It offered 66% return in last 5-years.

4. About Vaxtex Cotfab

It is an NSE listed Company. Vaxtex Cotfab is one of the leading textile manufacturing companies in India.

It works with full operational efficiency and effectiveness with a production capacity of approximately 12 Lac meters/month in suiting and shirting fabrics catering to numerous International brands, export houses, corporate buyers as well as domestic traders, wholesalers and distributors.

Its products include denim fabrics, home textiles, jeans, men casual shirts, printed fabrics, yarn, etc, according to its official website.

Disclaimer

The stock gives details pertaining to record date for stock split. 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.