5:1 Stock Split Announced by This Multibagger Smallcap Company- Stock Hits 52-Week High Today, Gains Over 1,000 Per cent Returns in Just 1 Year!

The company’s shares have delivered an impressive multibagger return of over 400 per cent in just 6 months.

Incorporated in 2013, KCK Industries Ltd is involved in the trading of chemicals and dyes for the textile industry and the manufacturing of rice shellers. The Board of Directors, in a meeting held at the company’s registered office on September 18, 2024, approved the sub-division or stock split of 1 (one) equity share of Rs 10/- each, fully paid-up, into 5 (five) equity shares of Rs 2/- each, fully paid-up. This will involve amending the Capital Clause of the Memorandum of Association, subject to shareholders’ approval. The record date for the split will be announced in due course.

Today, the shares of KCK Industries Ltd rallied and hit the 52-week high and finally closed the day at around Rs 281 per share on the NSE. The company’s current market capitalization stands at Rs 357.44 crore. Additionally, the shares have delivered an impressive multibagger return of around 1,000 per cent in the past 1 year.

The company doesn’t declare Quarterly Results, as per the half-yearly results in March FY24, KCK Industries Ltd recorded a revenue of Rs 42.80 crore compared to Rs 66.03 crore. The operating profit stood at Rs 3.54 crore. The net profit stood at Rs 1.50 crore compared to a profit of Rs 1.20 crore. Looking at the annual performance, the company generated a revenue of Rs 74.89 crore in FY24. The operating profit for FY24 was Rs 5.32 crore with an operating profit margin of 7.10 per cent with a net profit of Rs 1.60 crore.

According to the shareholding pattern of the company, the promoters hold a significant 40.93 per cent stake. Public investors own 59.07 per cent of the shares.

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Investors must keep this Small-Cap company on their radar.

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