Small Cap Stock Under Rs 100 Fixes Record Date For Stock Split, Scrip Jumps 59.75% In 6 Months

Ashapuri Gold Ornament Ltd., a small cap company, on Jul 03, 2023, fixes the record date as Jul 18, 2023, for the Stock Split/Sub-Division of 1 share having a face value of Rs 10 each into 10 shares of Re 1 each.

Ashapuri Gold Ornament Ltd. is an India-based company that operates in the jewellery sector. It is one of the prominent manufacturers and wholesalers of gold jewellery. It is also engaged in antique jewellery. The Jewelleries are manufactured on a Job work basis at Ahmedabad and Rajkot. The company has a market capitalisation of Rs 214.24 Crore.

Record Date for Split/Sub-Division of Equity Shares

According to the regulatory filing by the Board of Directors of Ashapuri Gold Ornament Ltd., "With reference to the above captioned subject, the Board of Directors of the Company has fixed Tuesday, July 18, 2023, as the Record Date for the purpose of :- Split/Sub-Division of 1(One) equity share having face value of Rs.10/-(Rupees Ten Only) each into 10(Ten) equity shares of Rs.1/-(Rupees One Only) each."

Stock Movement

On Tuesday, the share price of Ashapuri Gold Ornament last traded at Rs 85.70 per share, down 1.63% from its previous close of Rs 87.12 per share on BSE. It hit an intraday high of Rs 86.15 per share and an intraday low of Rs 85.50 per share.

The stock jumped 4.67% in the past 1 week, 7.80% in the past 2 weeks, and 12.57% in the past 1 month, respectively. It gave a strong positive return of 59.74% in the past 6 months. In the past 1 year, it gave 101.41% multibagger return. While in the past 2 and 3 years, it gave 106.76% and 150.58% positive returns, respectively.

The stock hit its 52-week high on Feb 13, 2023, at Rs 95.30 per share and its 52-week low on Aug 11, 2022, at Rs 40.55 per share, respectively.

Disclaimer

The stock just highlights the stock split and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.