8,000 per cent multibagger returns; Board announced 10:1 stock split – Check record date inside!
The stock gave multibagger returns of 250 per cent in just 6 months, 6,000 per cent in 3 years and a whopping 8,000 per cent in 5 years.
The Board of Directors of Vantage Knowledge Academy Ltd (VKAL) has set Friday, July 12, 2024, as the record date to determine which shareholders are eligible to participate in the company's stock split. The stock split, which was approved by shareholders at an Extraordinary General Meeting on June 1, 2024, will subdivide existing equity shares with a face value of Rs 10 each into 10 equity shares with a face value of Re 1 each. All of the new shares will be fully paid-up and rank pari-passu (with equal rights). To be eligible for the stock split, shareholders must be on the company's records as of the record date.
Vantage Knowledge Academy Ltd (VKAL), established in 2013, is an Indian education and publication company that provides programs for commerce graduates aiming for careers in finance. They are affiliated with prestigious organizations like The Chartered Institute of Management Accountants, the Indian Institute of Banking and Finance, and ACCA.
VKAL offers a variety of professional courses in Chartered Wealth Management, Chartered Global Management Accountants, Diploma in Banking and Finance, and more, along with certificate courses in Financial Literacy, Global Accountancy, and Technical Analysis.
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Today, shares of Vantage Knowledge Academy Ltd gained 2 per cent upper circuit and made a fresh new 52-week high of Rs 396.55 per share from its previous closing of Rs 388.80 per share. The company has a market cap of over Rs 400 crore with a 3-year CAGR of 295 per cent. The stock gave multibagger returns of 250 per cent in just 6 months, 6,000 per cent in 3 years and a whopping 8,000 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.
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