10:1 Stock Split: This Microcap Launches New Product Transforming India’s 27.49 Crore Consumers; Complete Details Inside
The company’s shares have delivered an impressive return of over 550 per cent in just 1 year.
Aayush Wellness Limited, formerly known as Aayush Food and Herbs Limited, proudly introduces Aayush Tobacco-free Herbal Pan Masala & Gutka. This innovative product aims to transform the chewing habits of India’s 27.49 crore Gutka and Pan Masala consumers. Offering an affordable, Tobacco-free, Supari-free option that eliminates spitting and addiction, this Pan Masala retains the familiar aroma and taste, providing consumers with a healthier choice without sacrificing the cultural and sensory experience associated with traditional tobacco and pan masala products.
Share Performance:
Currently, Aayush Wellness Limited shares are trading at around Rs 304 per share while writing the article. The company’s current market capitalization stands at Rs 98.65 crore. The stock has delivered a multibagger return of over 550 per cent in just 1 year only.
Financial performance:
According to the Annual results, In FY24, the company reported a revenue of Rs 0.60 crore compared to Rs 8.10 crore while the operating profit stands at Rs 0.35 representing an operating profit margin of 58.33 per cent. The company’s net profit stood at Rs 0.57 crore, compared to a loss of Rs 0.34 crore in the previous year.
Aayush Wellness Limited has announced a sub-division or stock split of existing fully paid-up equity shares from 1 (one) equity share with a face value of Rs 10 (Rupees Ten only) each to 10 (ten) equity shares with a face value of Re1 (Rupee One only) each (10:1) and amended the Memorandum of Association of the Company, subject to the approval of Members of the Company.
Investors must keep this micro-cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.
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