Don’t miss action in this multibagger stock that had announced stock split!

The stock gave multibagger returns of 111.09 per cent in just 1 year whereas NSE Nifty-50 Index rose only 4.44 per cent.

On Friday, one of the Top Gainers on NSE, shares of Osia Hyper Retail Limited surged 5 per cent upper circuit to Rs 327.20 per share from its previous closing of Rs 311.65. The stock has hit back-to-back upper circuits in the recent trading sessions.

Osia Hyper Retail Ltd (NSE Script Code: OSIAHYPER) informed the exchange that it has issued a sub-division/split of the face value of 1 equity share of the face value of Rs 10 per share into 1 equity share of the face value of Rs 1 per share. The company verified the record date as Monday, March 13, 2023 for sub-division of shares.

Osia Hyper Retail Limited retails consumer products. The company offers food, beverages, clothes, crockery, home appliances, cleaning items, furniture, handcraft, footwear, groceries, toys, games and other related products.

Osia Hyper Retail Ltd has a market cap of Rs 337.42 crore. The company reported positive numbers in both quarterly and annual financial statements. In FY22, net sales rose by 86.71 per cent and net profit rose by 66.75 per cent compared to FY21.

The shares of the company have a 52-week high of Rs 347.90 and a 52-week low of Rs 199. The stock gave multibagger returns of 111.09 per cent in just 1 year whereas NSE Nifty-50 Index rose only 4.44 per cent. Investors should keep an eye on this Small-Cap stock.