Galactico Corporate Services Limited is a SEBI registered Category I merchant banker providing services such as corporate advisory, mergers & amalgamation, corporate valuations, QIB placement, ESOP advisory management, and listing to mid-cap, small and mid-size enterprises (SMEs).
This small-cap stock has generated a multi-bagger return of 673% in the last 6 months. It was trading at ₹ 32.45 per share as of 13:05 IST compared to ₹ 4.20 on December 28 in 2021.
The stock fell only 13.5% over the last week amid volatility experienced by the broader market. It was up 3.84% for today as compared to its previous close of ₹ 31.25 per share.
₹ 1,00,000 invested in the company 6 months ago would have become ₹ 7,73,000 by now, giving a whopping profit of ₹ 6,73,000. During this period, the stock hit the upper circuit on multiple occasions.
The share prices listed here are the ex-split figures of the company’s stock. The management had announced the splitting of shares into face value of ₹ 1 from the face value of ₹ 10 per share in May this year. The record date for the split was 17 June 2022.
The stock is categorised in the T category. The company is listed only on the Bombay Stock Exchange. In the T2T segment, each trade made must result in delivery and no intra-day netting of positions is permitted.
Presently the promoters hold a 71.15% stake in the company while the remaining 28.85% is held by the public. The shareholding pattern has remained largely unchanged over the past years.
Written By – Vikalp Mishra
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