Multibagger in just 6 months: Don't miss action in this stock that has announced stock split!

Multibagger in just 6 months: Don't miss action in this stock that has announced stock split!

Kiran Shroff
/ Categories: Trending, Mindshare

The stock gave multibagger returns of 103.69 per cent in just 1 year whereas BSE Small-cap was down by 6.73 per cent.

Today, one of the gainers on BSE, shares of Artemis Electricals & Projects Ltd surged 5 per cent upper circuit to an intraday high of Rs 127.80 per share. The stock also traded at a new 52-week high of Rs 127.80 per share. The stock has hit back-to-back upper circuits in recent trading sessions.   

The Board of Directors of the company informed that it has announced sub-division/stock split of face value Rs 10 each into Ordinary equity shares of face value of Rs 1 each as of record date. The company verified the record date for stock split as Friday, March 31, 2023.  

Artemis Electricals & Projects Ltd is engaged in the manufacturing and trading of LED lighting and lighting accessories. Today, shares of the company saw a spurt a spurt in volume by more than 5.17 times on BSE.  

According to the financials, Artemis Electricals & Projects has a market cap of Rs 316.31 crore. The company reported excellent Quarterly Results (Q3). The net sales skyrocketed 315 per cent and net profit skyrocketed 132 per cent in Q3FY23 over Q3FY22.  

At 3:30 pm, shares of Artemis Electricals & Projects Ltd ended the trading session in green, up 3.49 per cent to Rs 126 per share. The stock gave multibagger returns of 103.69 per cent in just 6 months whereas BSE Small-Cap was down by 6.73 per cent. Investors should keep a close eye on this small-cap stock.  

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