Multibagger NBFC To Consider Stock Split On Aug 30, Shares Hit Upper Circuit

Small cap company engaged in NBFC sector, Kiduja India Ltd shares today hit 52-week high and upper circuit. The Board of Directors of Kiduja India will hold meeting on August 30, 2024 to consider stock split/sub-division of shares. The current market price of Kiduja India shares on BSE is Rs 415.00 per share with gain of 5.00% in trade today. Kiduja India shares zoomed 67% in last 1-month and gained 453% in last 1-year. Check details below:

Kiduja India To Consider Stock Split: As per the regulatory filing of Kiduja India dated August 13, 2024, "This is to inform you that the Meeting of the Board of Directors of Kiduja India Limited will be held on Friday, 30th August 2024 at 11:00 a.m. at the Registered Office of the Company to:

(a) consider a proposal for sub-division of the Equity shares of the Company having a face value of Rs.10/- (Rupee Ten only) each to Re.1/- (Rupee One only) each; and

(b) alteration of authorised share capital clause of the Company."

Kiduja India Shares Performance: The 52-week high price of Kiduja India shares on BSE is Rs 415.00 per share (as on 13/08/2024) and 52-week low price is Rs 70.30 per share (as on 30/08/2023), respectively. Kiduja India has a market capitalisation of Rs 83 crore. Kiduja India shares offered return of 132% year-to-date, offered return of 370% in last 2-years, and gained 1834% in last 3-years.

Kiduja India Q1 Results: The company for the quarter ended June 30, 2024 declared net sales at Rs 8.83 crore, up 91.1% from Rs. 4.62 crore announced in the corresponding quarter of last year. It declared its net profit at Rs 5.42 crore, up 75.87% as against Rs 3.08 crore declared in the similar quarter of last year. EBITDA of Kiduja India stood at Rs. 8.53 crore for the quarter under consideration, up 99.77% as against Rs. 4.27 crore in June 2023. Kiduja India EPS jumped to Rs. 26.44 in June 2024 from Rs. 17.95 in June 2023.

About: Founded in 1985, Kiduja India Limited (Kiduja) is an India-focused investments company specialising in equity markets. Kiduja is a non-banking finance company (NBFC) registered with the Reserve Bank of India and is listed on the Bombay Stock Exchange (BSE: KIDUJA). Over the past three decades, Kiduja has transformed itself from data processing and software development firm (under the name of Venus Computers Ltd.) to a multi-disciplinary asset manager partaking in broad range of activities such as futures and options trading, a spot market stock portfolio and a mutual fund investments, according to its official website.

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