Small Cap Engineering Co Sets Record Date For Stock Split, Hits New 52-Week High

Small cap stock operating in Engineering sector, Jost's Engineering Company Ltd fixed April 28, 2023 as the record date for sub-division of equity shares of the company. Soon after the company declared record date for stock split, the stock traded its new 52-week high on March 29, 2023. The stock witnessed a sharp gain of over 6% on BSE. Check details below:

Jost's Engineering Company Ltd Sets Record Date For Stock Split: According to the BSE filing of the company, "Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has fixed 28th April, 2023 as the 'Record date' for determining eligibility of members for the purpose of sub-division of the equity shares of the Company from Face Value of Rs. 5/- each fully paid-up to Face Value of Rs. 2/- each fully paid-up."

Jost's Engineering Company Stock Performance & Return Over Years: The last trading price of the stock is Rs 639.25 apiece with intraday rally of 6.63%. Its 52-week high is Rs 668.80 apiece and 52-week low price is Rs 375.00 apiece, respectively. The company's market capitalisation is Rs 119.27 crore. The stock gave return of 36% YTD, 36% in last 3-months, 27% in last 6-months, 39% in last 1-year, 133% in last 2-years, and 126% in last 3-years. There is no threat to the stock.

Jost's Engineering Company About: A 102 years old Public Limited Company, Engaged in Manufacturing & Representation Business. Core business activities include Internal material handling, sound and vibration measurement, electrical test and measurement, interconnectivity solutions, process instrumentation and environmental testing and analytical instruments, according to its Linkedin page.

Disclaimer: The stock declared 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.