{"id":128247,"date":"2024-07-10T12:51:55","date_gmt":"2024-07-10T07:21:55","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=128247"},"modified":"2024-07-10T12:55:42","modified_gmt":"2024-07-10T07:25:42","slug":"stock-hits-5-upper-circuit-after-it-announces-16-stock-split-check-the-record-date-here","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-hits-5-upper-circuit-after-it-announces-16-stock-split-check-the-record-date-here\/","title":{"rendered":"Stock hits 5% upper circuit after it announces 1:6 stock split; Check the record date here"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3850442153\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Financial services firm engaged in the business of providing financial broking, advisory, consultancy, and other services hit a 5 percent upper circuit in the day\u2019s trade upon announcing the record date for the split of equity shares of the company.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1621039621\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h3 class=\"wp-block-heading\"><strong>Price Action&nbsp;<\/strong><\/h3><p>With a market capitalization of Rs. 398 Crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/ALMONDZ\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Almondz Global Securities Limited<\/a><\/strong> hit a 5 percent upper circuit in the day\u2019s trade at Rs. 144 per equity share, from its previous day\u2019s close price of Rs. 137.15.\u00a0<\/p><h3 class=\"wp-block-heading\"><strong>What Happened&nbsp;<\/strong><\/h3><p>The Board of Directors of Almondz Global Securities Limited has considered and approved the sub-division\/split of equity shares of the company in the ratio of 1:6 where 1 equity share with a face value of Rs. 6 will be divided into 6 equity shares with a face value of Rs. 1 and July 23, 2024, is fixed as the Record date for the split of equity shares of the company.<\/p><h3 class=\"wp-block-heading\"><strong>Also read<\/strong><\/h3><figure class=\"wp-block-embed is-type-wp-embed is-provider-trade-brains wp-block-embed-trade-brains\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"7v7k1uEJWX\"><a href=\"https:\/\/tradebrains.in\/features\/adani-group-stock-jumps-after-they-receive-order-from-reliance-industries\/\">2 Adani Group stocks jump after entering into agreement with Reliance Industries<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;2 Adani Group stocks jump after entering into agreement with Reliance Industries&#8221; &#8212; Trade Brains\" src=\"https:\/\/tradebrains.in\/features\/adani-group-stock-jumps-after-they-receive-order-from-reliance-industries\/embed\/#?secret=IbxttjNqp9#?secret=7v7k1uEJWX\" data-secret=\"7v7k1uEJWX\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure><h3 class=\"wp-block-heading\"><strong>About the company&nbsp;<\/strong><\/h3><p>Almondz Global Securities Limited is engaged in the business of providing financial advisory and consultancy services. It operates through five segments i.e., Debt and equity market operations, Consultancy and Advisory fees, Wealth Advisory \/ Broking, Finance, and Healthcare activities.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2556637057\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h3 class=\"wp-block-heading\"><strong>Financials and Ratios&nbsp;<\/strong><\/h3><p>Its revenue from operations grew by 53 percent from Rs. 76 Crores in FY23 to Rs. 116 Crores in FY24, accompanied by profits of Rs. 16 Crores to Rs. 34 Crores.&nbsp;<\/p><p>In terms of Return ratios, it has reported a return on equity (ROE) of 9.10 percent, and a return on capital employed (ROCE) of 9.30 percent. It has reported a debt-to-equity ratio of 0.11.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h3 class=\"wp-block-heading\"><strong>Disclaimer<\/strong><\/h3><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1625424397\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Financial services firm engaged in the business of providing financial broking, advisory, consultancy, and other services hit a 5 percent upper circuit in the day\u2019s trade upon announcing the record date for the split of equity shares of the company.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 398 Crores, the shares of Almondz Global [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":104923,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[20373,20372,20374,948,936],"class_list":["post-128247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-almondz-global-securities-latest-news","tag-almondz-global-securities-share-price","tag-almondz-global-securities-stock-split","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock hits 5% upper circuit after it announces 1:6 stock split; 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