10:1 stock split announced after 1:4 bonus shares 7 years ago: From Rs 31.66 to Rs 151.95 per share in just 1 year; watch out now!

From Rs 31.66 to Rs 151.95 per share, the stock gave multibagger returns of 380 per cent in just 1 year.

Money Masters Leasing & Finance Ltd informed that the Board of Directors of the company has announced a stock split of equity shares in the ratio 10:1 i.e., a sub-division of 1 equity share of the company having a face value of Rs 10 each into 10 equity shares of the company having a face value of Re 1 each. The record date for stock split will be announced in due course.

Money Masters Leasing & Finance Ltd, established in 1994, is a deposit-taking non-banking financial company (NBFC) specializing in asset financing. They offer a variety of loan products and accept deposits from individuals and businesses. Their lending portfolio caters to retail, small and medium enterprises (SMEs), and commercial customers across urban and rural India. In addition to lending, Money Masters also offers financial services like portfolio management, bond trading, fixed-income securities, currency exchange, stock advisory, project financing, and remittances. They even have several investment funds available, including equity funds, money builder funds, and growth funds.

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Today, shares of Money Masters Leasing & Finance Ltd gained 4.2 per cent to Rs 151.95 per share from its previous closing of Rs 145.85. The stock’s 52-week high is Rs 189.95 and its 52-week low is Rs 26.18.

The company has a market cap of Rs 148 crore and in 2017, the shares of the company ex-traded bonus shares in the ratio of 1:4. From Rs 31.66 to Rs 151.95 per share, the stock gave multibagger returns of 380 per cent in just 1 year. Investors should keep an eye on this micro-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.