Stock split likely to be announced after 1:4 bonus shares 7 years ago: From Rs 26.18 to Rs 146.95 per share in just 310 days; check out now!
From Rs 26.18 (52-week low) to Rs 146.95 per share, the stock gave multibagger returns of 461.3 per cent in just 310 days.
Money Masters Leasing & Finance Ltd inform you that a Meeting of the Board of Directors of the company is scheduled to be held on Tuesday, June 25, 2024, at the Registered Office of the Company at 4, Akash Deep, Ground Floor, TPS VI, Road No. 1, Milan Subway, Santacruz (West), Mumbai, Maharashtra, 400054, inter-alia, to consider the following matter:
- To consider a proposal for alteration in the share capital of the Company by sub-division/ stock split of existing equity shares having a face value of Rs 10 each, fully paid up.
- To consider an increase in the authorized share capital of the company.
- To consider a consequential amendment to the capital clause of the memorandum of association of the company.
- Any other business with the permission of the chair which is incidental and ancillary to the business.
Money Masters Leasing & Finance Ltd, established in 1994, is a deposit-taking non-banking financial company (NBFC) specializing in asset financing. They offer a variety of loan products and accept deposits from individuals and businesses. Their lending portfolio caters to retail, small and medium enterprises (SMEs), and commercial customers across urban and rural India. In addition to lending, Money Masters also offers financial services like portfolio management, bond trading, fixed-income securities, currency exchange, stock advisory, project financing, and remittances. They even have several investment funds available, including equity funds, money builder funds, and growth funds.
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On Thursday, shares of Money Masters Leasing & Finance Ltd gained 3.52 per cent to Rs 146.95 per share with an intraday high of Rs 148.50 and an intraday low of Rs 139.80. The stock’s 52-week high is Rs 189.95 and its 52-week low is Rs 26.18. The company has a market cap of Rs 147 crore and in 2017, the shares of the company ex-traded bonus shares in the ratio of 1:4. From Rs 26.18 (52-week low) to Rs 146.95 per share, the stock gave multibagger returns of 461.3 per cent in just 310 days. Investors should keep an eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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