Small Cap Engineering Sector Stock Approves 10:1 Stock Split, Share Spurts 1268% % In 2-Years

Small cap stock, operating in Engineering sector, Gujarat Toolroom Ltd has approved 10:1 stock split on February 20, 2023. The company did not notify any details pertaining to record date for the sub-division of shares. The shares witnessed sharp gain in the last 6-months with return of 552% and 1896% in last 3-years. Check details below:

1. Gujarat Toolroom Declares Stock Split

According to the BSE filing, "With reference to the captioned subject, we hereby inform you that the Extra Ordinary General Meeting of the company was held today at the registered office of the company at 11.00 a.m. and concluded at 12:30 pm to transact sub-divide or split the shares of the company from the face value of Rs. 10/- each to Rs. 1/- each (after sub-division of shares)."

2. Gujarat Toolroom Stock Performance & Return

Stock Performance: The last trading price of the stock is 104.00 apiece with intraday decline of 4.28%. The stock's 52-week high is Rs 183.10 apiece and 52-week low is Rs 13.85 apiece, respectively.

The company has a market capitalisation of Rs 57.78 crore.

Return: The shares rallied over 9% in last 1-month, declined 18% in last 3-months, gained 552% in last 6-months, and 538% in last 1-year. In last 2-years, the stock gave a return of 1268% and 1896% in last 3-years.

3. Gujarat Toolroom About

Gujarat Toolroom came into existence in 1983. The small cap company is engaged in the business of molds for medical disposables, pharmaceutical, food & beverage packaging, caps & closures, writing instruments and articles of oral hygiene, among others.

Disclaimer

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