Upper Circuit: Penny Stock Approves 1:2 Stock Split, 3 Months Return 86%

Board of directors of penny stock Square Four Projects India Limited, priced under Rs 16, approved stock split on March 31, 2023. The stock delivered return of 86% in last 3-months and 163% return in last 2-years. After the board gave decision pertaining to sub-division of shares, the stock hit upper circuit on March 31. Check details below:

Square Four Projects India Limited Approves Stock Split: According to the BSE filing of the company, "The Board of Directors of the Company decided to split the face value of an equity share of the Company from Rs. 10/- each to Rs. 5/- each and for which it was decided to obtain the approval of the shareholders of the Company through Postal Ballot process."

Square Four Projects India Stock Performance: Last trading price of Square Four Projects India is Rs 15.01 apiece on BSE with intraday gain of 4.97%. The stock hit upper circuit on Friday. Its 52-week high price is Rs 20.85 apiece and 52-week low price is Rs 8.01 apiece, respectively. The company's market capitalisation is Rs 14.72 crore.

Square Four Projects India Return: The stock delivered 86% return in last 3-months, 7% in last 1-year, 163% return in last 2-years, and declined 18% in last 3-years.

Square Four Projects India About: Square Four Projects India Limited offers real estate services. The small cap company came into existence in 1992.

Disclaimer: The stock approved 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.