2,000 per cent Multibagger Returns: This Smallcap Engineering Company Set to Announce Stock Split on August 8; Keep This on Your Watchlist!
FIIs increased in Q1 FY25 in the company.
Jash Engineering Limited, a leading manufacturer in India, specializes in a broad spectrum of equipment for various sectors including Water Intake Systems, Water and Wastewater Pumping Stations, Treatment Plants, and Storm Water Pumping Stations. Their offerings extend to Water Transmission Lines, Power, Steel, Cement, Paper & Pulp, Petrochemicals, Chemicals, Fertilizers, and other process plants. The company provides a comprehensive solution from a single source, encompassing Design, Casting, Fabrication, Assembly, and Testing. Recognized as an industry leader in India, Jash also exports its products to over 45 countries worldwide.
Jash Engineering Limited has announced a Board Meeting scheduled for August 8, 2024, to review and approve the unaudited quarterly financial results for the period ending June 2024, as well as discuss a potential stock split and other business matters.
Jash Engineering Limited closed the Friday’s trading session at Rs 2398 per share on the NSE. The current market capitalization of the company stands at Rs 3000 crore. Additionally, the company’s stock has delivered a multibagger returns of around 250 per cent in the just 2 years.
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According to Jash Engineering Limited's shareholding pattern, promoters hold 43.65 per cent of the shares. Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) own 1.67 per cent and 3.53 per cent, respectively. The remaining 51.16 per cent of the shares are held by public shareholders.
Investors must keep this Small-Cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.