Multibagger smallcap stock announces 1:10 stock split; know the record date here!
The stock has witnessed massive buying as it has given multibagger returns of more than 175 per cent in just 1 year and more than 90 per cent in just 6 months
On Tuesday, the shares of Bharat Agri Fert & Realty zoomed more than 6.5 per cent to make an intraday high of Rs 1098 apiece. The scrip witnessed a massive spurt in volume by more than 2.39 times.
Recently, the company received board approval for a proposed stock split. The board has approved the proposal to subdivide equity shares of face value of Rs. 10/- each into 10 equity shares of Rs. 1/- each, subject to the approval of the company's members.
The board stated that the stock split is intended to enhance the liquidity of the company's shares in the stock market and facilitate small investors' dealing with the company's shares. The record date for the subdivision of one equity share of the face value of Rs. 10 each into 10 equity shares of face value of Re 1 is set as March 30, 2023.
Bharat Agri Fert And Realty Ltd is engaged in the business of construction and development of residential and commercial complexes, manufacturing fertilisers and operating a resort.
The stock has witnessed massive buying as it has given multibagger returns of more than 175 per cent in just 1 year and more than 90 per cent in just 6 months. Keep a close eye on this trending multibagger stock.