2:1 Stock Split: This Multibagger Small Cap Company Fixed the Record Date as August 9; Complete Details Inside!
The company’s shares have delivered an impressive return of over 170 per cent in just 1 year.
Incorporated in 2009, Kapston Services Ltd provides facility management and staffing services. The company has set Friday, August 9, 2024, as the record date to determine the eligibility of shareholders for the subdivision/split of existing equity shares. Each equity share with a face value of Rs. 10 (Rupees Ten Only) fully paid up will be split into 2 equity shares with a face value of Rs. 5 (Rupees Five Only) each fully paid up.
Today Kapston Services Ltd shares closed at around Rs 380 per share. The company’s current market capitalization stands at Rs 385.47 crore. The stock has delivered a multibagger return of over 170 per cent in just 1 year.
As per the Quarterly Results, in the fourth quarter of FY24, Kapston Services Ltd recorded a revenue of Rs 141.47 crore. The operating profit for Q4 FY24 stood at Rs 7.24 crore. The net profit for Q4 FY24 was Rs 2.76 crore. Looking at the annual performance, the company generated a revenue of Rs 520 crore in FY24, compared to Rs 399 crore in FY23. The operating profit for FY24 was Rs 23 crore, with a net profit of Rs 13 crore compared to the price of Rs 13 crore.
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According to the shareholding pattern, promoters own 72.87 per cent of the company, while the remaining 27.13 per cent is held by public investors. Neither FIIs nor DIIs hold any stake in the company.
Investors must keep this Small-Cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.