10:1 Stock Split; Record Date-March 21, 2025: Multibagger Penny Stock Under Rs 40 Hit Upper Circuit

The company has a market cap of Rs 18.27 per share and the stock gave multibagger returns of over 200 per cent from its 52-week low of Rs 11.57 per share.

On Wednesday, shares of Softrak Venture Investment Limited hit a 5 per cent upper circuit to Rs 35.96 per share from its previous closing of Rs 34.25 per share. The stock’s 52-week high is Rs 49.30 per share and its 52-week low is Rs 11.57 per share. The shares of the company saw a spurt in volume by more than 1.80 times on BSE.

Softrak Venture Investment Ltd, established in 1993, operates within the professional, technical, and business services sector, with a focus on information technology. The company specializes in providing customized software solutions utilizing a range of technologies, including Microsoft Asp.net, Java, JavaScript, PHP, Open Source, Android & iOS OS, and MySQL. Their target clientele spans diverse industries, encompassing banks and financial institutions, manufacturing, healthcare, telecommunications, transportation, education, and public sector agencies, indicating a broad service portfolio aimed at addressing varied technological needs.

Softrak Venture Investment Limited has announced a record date of Friday, March 21, 2025, to determine shareholder eligibility for a stock split. This corporate action will result in each existing equity share with a face value of Rs 10 being subdivided into ten equity shares, each with a face value of Re 1. This 10:1 stock split, identified by security code 531529, aims to increase the liquidity and accessibility of the company's shares in the market.

The company has a market cap of Rs 18.27 per share and the stock gave multibagger returns of over 200 per cent from its 52-week low of Rs 11.57 per share. Investors should keep an eye on this micro-cap stock.

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