Small Cap Media Stock With Over 1900% Return In 3 Yrs Declares 1:10 Stock Split; Check Record Date

Tips Industries Ltd. in its Board meeting held on 13th April 2023 declares 1:10 stock split for the financial year 2022-23. The Board also fixes the record date for the same as April 21, 2023. Tips Industries is a media and entertainment sector small-cap company having a market cap of Rs 2,141.64 Crore.

Tips Industries Declares 1:10 Stock Split

According to the regulatory filing by the Board of Directors of Tips Industries Ltd., "In continuation to our earlier communication dated April 3, 2023 regarding sub-division of 1 (One) equity share having face value of Rs. 10/- (Rupees Ten Only) each fully paid-up into 10 (Ten) equity shares having face value of Re. 1 (Rupee One Only) each fully paid-up with effect from record date i.e. April 21, 2023, Please be informed that the Sub-Division of equity shares will take effect under the new ISIN - INE716B01029."

It added, "Please find enclosed herewith New ISIN activation letters received from both the Depositories i.e. National Securities Depository Limited and Central Depository Services (India) Limited."

Tips Industries' Stock Performance

The last traded share price of Tips Industries is Rs 1,667.60 apiece, up 1.90% from the previous close. The shares recorded the 52 week high on 13th April 2022 at Rs 2,117.90/share and 52 week low on 14th Jun 2022 at Rs 1,250.10/share, respectively.

The stock surged 5.4% in the past 1 week, and 9.49% in the past 1 month, respectively. It has fallen 19.09% in the past 1 year. It gave a robust 1,904.33% positive return in the past 3 years and 1,335.73% in the past 5 years, respectively.

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