by Multibagger Stock: Only a few companies have given strong returns in the last one year. Worth Investment and Trading Company Limited is also in the list of these companies. The company is distributing its shares. For which the record date has been announced by the company. Let us tell you that after many days on Friday, this stock had an upper circuit.
Rohit Sharma invested in this startup, know what the company does
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Record Date in First Week of July (Worth Investment Stock Split Record Date)
The company has informed the stock exchanges that the board meeting has approved the allotment of shares. After this stock split, the face value of the company’s shares will decrease from Rs 10 to Rs 1. The shares will be divided into 10 pieces. The record date for this stock split is set for Wednesday, July 3, 2024. Let us tell you that if you want to take advantage of the stock split, you have to buy the shares of the company one day before the record date.
900% return in 1 year
On Friday, value investment shares hit the upper circuit of 5 percent. After which the shares of the company closed at the level of Rs 359.30 in BSE. According to Trendlyne data, the price of this stock has increased by 900 percent in the last one year. At the same time, in the last 6 months, the company’s shares have registered an increase of more than 200 percent.
How much stake do the promoters hold in the company?
The company hit a 52-week high on the BSE at Rs. 397 and a 52-week low of Rs. 31.65 per share. The market cap of the company is Rs 532.79 crore. The total share of promoters in this company was 56 percent till March quarter. While the share of public is 43.30 percent. Mutual funds and foreign investors do not hold a single percent stake in the company.
