2 days Ago
Multibagger small-cap company Nandan Denim ’s shares may be in focus today, as the board of directors has announced September 19 as the record date for determining the eligibility of shareholders for the 1:10 stock split. This means today is the last day to buy shares of the company in order to qualify for the announced stock split. Earlier in June, the company approved the sub-division of its shares, and later in September, it announced the record date for this purpose.
“We hereby inform you that the Board of Directors of the Company in their Board Meeting held today i.e., Monday, June 17, 2024, which commenced at 11:00 A.
M. and concluded at 01:00 P.M.
, has inter-alia considered and approved the following items: 1. Approved Sub-division/split of Equity Shares of the Company having face value of Rs. 10/- (Rupees Ten) each into 10 (Ten) equity shares having face value of Re.
1 /- (Rupee One) each fully paid up, subject to the approval of Shareholders of the Company and other statutory regulatory authorities, as may be required,” the company said in a filing to the exchanges. Prior to this, the stock had split twice: once in 2012 and again in 2005. Stock Trading Market 101: An Insight into Trendlines and Momentum By - Rohit Srivastava, Founder View Program Stock Trading Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading By - Rohit Srivastava, Founder View Program Stock Trading Market 103: Mastering Trends with RMI and Techno-Funda Insights By - Rohit Srivastava, Founder View Program Stock Trading Market 104: Options Trading: Kickstart Your F&O Adventure By - Saketh R, Founder- QuickAlpha, Full Time Options Trader View Program Stock Trading Introduction to Technical Analysis & Candlestick Theory By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Options Scalping Made Easy By - Sivakumar Jayachandran, Ace Scalper View Program Stock Trading Futures Trading Made Easy: Future & Options Trading Course By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Stock Trading Options Trading Made Easy: Options Trading Course By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Nandan Denim's shares have delivered multibagger returns of 178% over the past year, with a gain of 90.
80% in the last six months. In the past month alone, Nandan Denim has surged by 34%. ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own.
These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel ).
