Record Date Announced For 1:1 Bonus Share & 10:1 Stock Split: Multibagger Penny Stock Under Rs 100 Hit Back-To-Back Lower Circuits
The company has a market cap of Rs 75 crore and gave multibagger returns of 125 per cent from its 52-week low of Rs 41.60 per share.
Consecutive Investments & Trading Co Ltd informed that the board approved the stock split/sub-division of each Rs 10 equity share into 10 shares that have a face value of Re 1 equity shares and a bonus issue of equity shares in a 1:1 ratio was authorized, meaning shareholders will receive 1 equity share for every 1 equity share they hold. This split is intended to enhance liquidity and make the company's shares more accessible to smaller investors. The Board fixed the record date for stock split and bonus shares as Friday, December 06, 2024.
Consecutive Investments & Trading Company Limited is a public limited company incorporated in November 1982 in West Bengal, India. It is primarily engaged in investment activities, including investments in shares, debentures, and other securities. The company may also engage in trading activities, although the extent of these activities is not fully disclosed in the provided information. The company's registered office is located in Kolkata, India.
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On Friday, shares of Consecutive Investments & Trading Company Ltd hit a 2 per cent lower circuit to Rs 93.69 per share from its previous closing of Rs 95.60 per share. In the recent trading sessions, the stock has been hitting back-to-back lower circuits. The stock’s 52-week high is Rs 111.65 and its 52-week low is Rs 41.60. The company has a market cap of Rs 75 crore and gave multibagger returns of 125 per cent from its 52-week low of Rs 41.60 per share.
Disclaimer: The article is for informational purposes only and not investment advice.