Plastic Sector Stock Set To Consider Stock Split On Nov 9, Gains 264% In 1-Yr

Board of directors of small cap plastic sector stock, Ok Play India Ltd are scheduled to hold a meeting on November 9, 2023 to consider and approve unaudited financial results (standalone and consolidated) of the company for the quarter and half year ended on 30th September, 2023 and sub-division/ split of existing equity shares of face value of Rs. 10/- each, fully paid-up.

Last trading price of Ok Play India share on BSE is Rs 106.70 per share. Ok Play India stock offered return of 264% in last 1-year.

Ok Play India To Consider Financial Results, Stock Split: As per the BSE filing of the company issued on Oct 23, 2023, "We wish to inform you that pursuant to regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015 a meeting of the Board of Directors of the Company is being convened on Thursday, the 09th day of November, 2023:

(i) To consider and adopt, inter - alia, the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended on 30th September, 2023.

(ii) Sub-division/ split of existing equity shares of face value of Rs. 10/- each, fully paid-up, by alteration of Capital Clause of the Memorandum of Association of the Company."

Ok Play India Stock Outlook & Return: Last trading price of Ok Play India stock on BSE is Rs 136.40 per share. Its 52-week high price is Rs 136.40 per share and 52-week low price is Rs 28.55 per share, respectively. It has a market capitalisation of Rs 242.99 crore.

Ok Play India shares fell 2.96% in last 1-week, gained 116% YTD, soared 264% in last 1-year, and offered 219% return in last 2-years. In last 3-years, Ok Play India stock surged 496% and rose 129% in last 5-years.

Ok Play India Financials: The company's net sales for the quarter ended June 30, 2023 surged 14.33% to Rs 33.80 crore as against Rs 29.56 crore in June 2022. The EBITDA stood at Rs 5.65 crore in June 2023, up 44.5% as against Rs 3.91 crore declared in June 2022.

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.