543 Per Cent Multibagger Returns; Board Announces Stock Split From Rs 10 to Re 1
The stock gave multibagger returns of 270 per cent from its 52-week low and a whopping 543 per cent since December 2022.
The shares of Inertia Steel Ltd last traded on October 21, 2025, where in the stock hit 2 per cent upper circuit to Rs 512.90 per share from the previous closing of Rs 502.85 per share. The stock also made a new 52-week high of Rs 512.90 per share while its 52-week low is Rs 138.70 per share.
Inertia Steel Limited is engaged in the business as merchants, commission agents, brokers, buyers, sellers, importers, exporters, dealers, business agents, trading in iron and steel etc. Inertia Steel Limited was founded in India in the year 1984 and since then the company endeavoured to improve the quality of services and products in which the Company operates.
Inertia Steel Limited informed that The Board approved the proposal to stock split/sub-divide the company’s equity shares, reducing the face value of the shares from Rs 10 per share to Re 1 per share. This decision is subject to shareholder approval in an Extraordinary General Meeting (EGM).
DSIJ’s 'multibagger Pick’ service recommends well researched multibagger stocks with High Returns potential. If this interests you, do download the service details here.
The company has a low-interest coverage ratio. Promoter holding has decreased by 6.29 per cent to 0.14 per cent in September 2024. The company has had a low return on equity of 8.28 per cent over the last 3 years. The company has high debtors of 168 days. Working capital days have increased from 144 days to 253 days. The company has a market cap of over Rs 600 crore and as of Q1FY25, it does not have any sales. The stock gave multibagger returns of 270 per cent from its 52-week low and a whopping 543 per cent since December 2022.
Disclaimer: The article is for informational purposes only and not investment advice.