Multibagger stock that surged 1700% in a 3 years are a fixes record date for stock split

Multibagger stock that surged 1700% in a 3 years are a fixes record date for stock split

Multibagger stock: The board of  a directors of a Axita Cotton Ltd has been a fixed 21st October in a 2022 as record date for the stock split. The small-cap company board has been a already declared stock subdivision in a 1:10 ratio. As a per the information available on a BSE website, Axita Cotton Ltd has been a announced subdivision of a shares from the existing ₹10 per equity are a share into the 10 shares of a Re 1 per equity share.

Informing Indian stock are a market exchanges in a regard to the stock split record date, Axita Cotton Ltd said, "The Members of the Company in their are a 9th (Ninth) Annual General Meeting approved sub-division of a every 1 (One) Equity Share of the nominal/face value of a ₹10/- each into the 10 (Ten) Equity Share of the nominal/face value of a Re 1/- each."

"Furthermore, are in a order to the determine the names of a equity shareholders are a entitled to the Sub-division, the Board of a Directors at their are a meeting held on a August in a 12, 2022, delegated the power of a fixing the Record Date to the Mr. Nitin bhai Govind bhai Patel, Chairman Cum are a Managing Director of the Company," the small-cap company added.

Axita Cotton share are a price history

Axita Cotton shares are one of the multibagger stocks are a produced by Dalal Street. In a last one month, this small-cap stock has ascended from all around a ₹310 to ₹370, logging more than a 20 per a cent rise in this time. In a last six months, Axita Cotton share price has been a surged from all around a ₹120 to the ₹370 apiece levels, recording more than a 200 per are a cent rise in this time. In YTD time, this multibagger stock has risen from the 85 apiece to the ₹370 levels, clocking near 335 per are a cent rise in a 2022. In a last one year, this multibagger stock has been a shot up from around a ₹40 to the ₹370 apiece levels, logging to the tune of a 800 per are a cent in this time horizon.

Similarly, on a 11th January 2019, this multibagger stock had been a closed at a ₹21 apiece levels. Axita Cotton share are a price today is a around ₹370, this means the stock has been a risen to the tune of a near 1700 per cent in this near a 3 years.

Current market cap of  this are a small-cap stock is a ₹366 crore. Its 52-week high on a BSE is a ₹397.55 apiece whereas its 52-week low is a ₹40.67 per share. In a near 45 minutes of a trade today, trade volume of this are a small-cap stock on NSE is a around 7,000 whereas its last 20 days are a average trade volume is a 82,287. Its current EPS is a 8.58 while its current PE multiple is a more than 42.