The shares of Kshitij Polyline Ltd were locked in an upper circuit of 5 percent and reached its new 52-week high of Rs 264.65 in the early hours of Tuesday. The stock has been on an uptrend for the last five days and has gained approximately 22 percent. Kshitij Polyline Ltd is one of the [...]
The shares of Axita Cotton Limited were trading marginally higher at Rs 374 levels on Tuesday morning. In the past month, the stock has zoomed by approximately 22 percent. On a Year to Date (YTD) basis, the stock has delivered a multibagger return of 342 percent to its investors. Axita Cotton Limited is engaged in [...]
A company generally decides to split its shares mainly because of two reasons. The first is to improve the trading liquidity in the market and the second reason is to make the stock seem more affordable to investors. The number of shares outstanding increases and the price per share decreases, keeping the total market capitalization [...]
A company generally splits its shares when it looks to enhance the liquidity of the stock in the market. After a split the number of shares outstanding increases keeping the total market capitalization the same. The ownership of shares on the record date which is set by the board determines the eligibility of investors. Here [...]
The shares of Colorchips New Media Ltd hit the upper circuit on Monday. The company’s shares are locked at 131.75 apiece, up 4.98% and it has announced the sub-division of its equity shares in the ratio of 1:5. Colorchips New Media Ltd is a lesser-known media company that is engaged in the business of film [...]
A stock split happens when a company increases the number of its shares to boost the stock's liquidity. Generally, a stock split is taken as a sign that the company is thriving for which the stock prices have increased. So to make it more affordable for the investors, the stock is split. Here are three [...]
A year ago the shares of Alfavision Overseas India were trading at Rs 38 a piece on BSE From there it has spiked up to the current levels of Rs 278 thereby delivering a multibagger return of 619 per cent. In the last five days, the stock has added more than 13 per cent and [...]
A participatory rally after the second wave of Covid-19 had helped the Indian stock markets to scale new heights. Once that was out of the way, the Russia-Ukraine War, rising inflation, and interest rate hikes weighed down the markets. A good number of stocks have entered the multibagger category since the onset of the pandemic [...]
The Board of Sawaca Business Machines at its meeting held on 13 April 2022 had recommended the proposal for a stock split of its equity shares. Currently, these shares have a face value of ₹10 each and they are being split into shares of ₹ 1 each. The shares will quote on an ex-split basis [...]
