Multibagger stock hits back-to-back upper circuits as it announces stock split, know the record date!
The stock gave multibagger returns of 621.24 per cent in just 1 year. Â Â
Today, one of the Top Gainers on BSE, shares of RO Jewels Ltd surged 5 per cent upper circuit to Rs 32.60 per share from its previous closing of Rs 31.05. The stock gave multibagger returns of 621.24 per cent in just 1 year.
The stock hits back-to-back upper circuits because of the announcement of a split/sub-division of 1 equity share from an existing face value of Rs 10 each to 5 equity shares with a face value of Rs 2 each. The company verified the record date for the stock split as Saturday, March 18, 2023.
RO Jewels Limited wholesales jewellery products. The company sells gold-based chains, bracelets, silver bars and necklaces. RO Jewels serves customers worldwide.
Talking about the financials, RO Jewels has a market cap of Rs 33 crore. In Q3FY23, the company reported net sales of Rs 104.92 crore and the net profit recorded was Rs 0.36 crore. In FY22, net sales rose by 13.88 per cent and net profit rose by 120 per cent.
The stock has a 52-week high of Rs 66.85 and a 52-week low of Rs 4.05. Investors should keep an eye on this gems and jewellery Small-Cap stock.
Related articles
-
Low PE multibagger stock under Rs 300: This small-cap construction company receives a contract worth Rs 182,33,99,706!
-
Multibagger stock below Rs 40: This civil construction company receives work orders worth Rs 541.02 crore!
-
Multibagger stock below Rs 40: Keep an eye on this stock, which was locked in the upper circuit on February 24
-
Stock below Rs 50: This small-cap company received a work order worth Rs 29,85,000!
-
Low PE high ROE multibagger stock: This construction company receives a project worth Rs 252.21 crore and declares dividend!
-
Low PE Stock below Rs 50: This small-cap company received a purchase order worth Rs 7,68,16,800!
-
This small-cap company received a work order worth Rs 28.17 crore!
-
Don’t miss action in this stock that has announced rights issue!
-
This Navratna Enterprise bags a work order worth Rs 500 crore!
-
Stock under Rs 40: This small-cap company has received orders worth Rs 73,97,000!
-
Multibagger stock below Rs 30: This small-cap company wins orders worth Rs 158 crore
-
Multibagger stock up 236 per cent from 52-week low; secured orders worth Rs 2.50 crore!
-
Shares of this company hit back-to-back upper circuits as it announced stock split; know the record date!
-
Don’t miss action in this small-cap stock that has announced bonus shares!
-
This mid-cap company bags a project worth Rs 229.81 crore!
-
Low PE high ROE stock: This mid-cap construction company declared the L1 (lowest) bidder for projects worth Rs 2004.43 crore!
-
Low PE High ROE stock: This small-cap company receives multiple projects worth Rs 123.38 crore!
-
Multibagger stock below Rs 10: Watch out for this penny stock which was locked in upper circuit on March 06
-
Don't miss action in this multibagger stock that has announced bonus shares and stock split!
-
Multibagger in just 1 year: Shares of this company were locked in upper circuits as it received projects worth Rs 1,225 crore!