Multibagger in just 6 months; Board likely to announce stock split for the first-time ever – Company is debt-free!

The stock gave multibagger returns of 145 per cent in just 6 months and a whopping 940 per cent in 2 years.

On Thursday, shares of Humming Bird Education Ltd gained 0.10 per cent to Rs 1,039 per share from its previous closing of Rs 1,038 per share. The stock’s 52-week high is Rs 1,041.20 and its 52-week low is Rs 360.

Humming Bird Education Ltd informed that a meeting of the Board of Directors of the company is scheduled to be held on Tuesday, September 03, 2024, inter–alia to consider and approve:

1. Proposal for sub-division/split of equity shares of the face value of Rs 10 each of the company and matters related thereto, in such manner as the Board may determine, subject to the approval of the shareholders of the company.
2. Notice of the Annual General Meeting.
3. Appointment of Scrutinizer to ascertain the Voting Process of the Annual General Meeting of the company.
4. appointment of Secretarial Auditor of the Company for the financial year 2024-25. 

Established in 2010, Humming Bird Education Ltd is in the business of conducting Olympiad exams and selling preparation booklets for such exams. It is the world's only listed Olympiad organization and has played a crucial role in mentoring and motivating millions of students globally. The company has a market cap of Rs 63.69 crore and as of March 31, 2024, it is debt-free.

The stock gave multibagger returns of 145 per cent in just 6 months and a whopping 940 per cent in 2 years. Investors should keep an eye on this micro-cap stock.

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

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