1:100 Split, Biggest Ever; Rs 18,400 Penny Stock At New 52-Week High, Gains 335% YTD, Ex-Split Date On Aug 16

Jamshrie Realty, a company engaged in the business of residential commercial projects, holds the status of penny stock on BSE, touched a new 52-week high on July 31 with its share price crossing Rs 18,400 mark. The stock was locked at its new high levels which was also its 2% upper circuit. No sellers were seen in the stock. The reason could be attributed to its upcoming Q1 results and one of the biggest ever stock split in the ratio of 1:100.

The real estate stock is a multibagger with gains of 335% YTD on BSE.

Jamshri has fixed August 16, 2024 as the record date for determining the eligibility of Shareholders for the purpose of sub-division /split of every one fully paid-up Equity share having face value Rs. 1000/- (Rupees One Thousand only) each in the share capital of the Company, into Hundred (100) fully paid-up Equity shares having face value Rs. 10/- (Rupee Ten only) each.

But before that the company will announce its Q1 results. As per the regulatory filing, Jamshri's board of directors are scheduled to meet on August 7, to consider and approve the Unaudited Financial Results of the Company for the 1st quarter
ended 30th June ,2024.