500 Per Cent Multibagger Returns; Board Likely to Announce Stock Split From Rs 10 to Re 1
The stock gave multibagger returns of 262.5 per cent from its 52-week low and over 500 per cent since December 2022.
The shares of Inertia Steel Ltd last traded on October 15, 2025, where in the stock hit 2 per cent upper circuit to Rs 502.85 per share from the previous closing of Rs 492 per share. The stock also made a new 52-week high of Rs 502.85 per share while its 52-week low is Rs 138.70 per share.
Inertia Steel Limited is engaged in the business as merchants, commission agents, brokers, buyers, sellers, importers, exporters, dealers, business agents, trading in iron and steel etc. Inertia Steel Limited was founded in India in the year 1984 and since then the company endeavoured to improve the quality of services and products in which the Company operates.
Inertia Steel Limited informed that a meeting of the Board of Directors of our company is scheduled to be held on Tuesday, October 22, 2024 at 12:30 P.M. at the Registered Office of the Company at Sr. No. 186, Gavalwadi Road, Ashewadi, Ramshej, Nashik, Maharashtra 422003. to consider and approve, amongst other business matters, the following agenda items:
- Appointment of Directors and CFOs
- Resignations of Directors and CFOs
- Proposal for the subdivision of the Company’s equity shares, splitting the face value of shares from Rs 10 to Re 1.
- Any other matter with the permission of the Chair.
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The company has a market cap of over Rs 600 crore and as of Q1FY25, it does not have any sales. The stock gave multibagger returns of 262.5 per cent from its 52-week low and over 500 per cent since December 2022.
Disclaimer: The article is for informational purposes only and not investment advice.