1:2 Stock Split Ahead: Record Date - October 16: 2024 Multibagger Metal Stock In Focus; 319% Returns YTD

Pondy Oxides & Chemical Ltd, is going to be in focus during the trading week of October 14-18, as the company will carry stock split of 1:2 ratio, and announce its Q2 results for FY25. Pondy Oxides is a 2024 multibagger with massive gains of 319.16% YTD so far. Last week, the stock surged by a whopping 11.4% on BSE. Currently, the stock is above Rs 2,070 levels.

Pondy Oxides & Chemical Share Price:

Last week, on Friday, the stock ended at Rs 2076.30 apiece on BSE, up by 4.3% with market cap of Rs 2,704.42 crore. The smallcap overall surged by 11.35% or Rs 211.70 from October 7-12.

Meanwhile, in 2024 so far, the stock surged by massive Rs 1,580.95 or 319.16%. In the start of January 2024, the stock was merely at Rs 495.35 apiece.

Pondy Oxides and Chemicals Stock Split:

The company has fixed the Record date on Wednesday, 16th October 2024 for the purpose of determining the eligible shareholders of the Company for Sub-division / Split of the existing equity shares of the Company such that 1 ( one) equity share having face value of Rs. 10/- (Rupees Ten only) each fully paid-up be sub-divided into 2 (Two) equity shares having a face value of Rs. 5/- (Rupees Five only) each fully paid-up.

Pondy Oxides and Chemicals Q2 Results:

Also, the company's board is scheduled to meet on Friday, October 18, for the declaration of the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended 30th September 2024.

About Pondy Oxides and Chemicals Ltd:

POCL is India's leading Lead, Lead alloys and plastic additives producer. Incorporated in March 1995 as a Public limited company by dynamic Entrepreneurs. POCL is listed on the Bombay Stock Exchange and National Stock Exchange of India Limited. Since inception POCL has been growing year on year basis and has established its brand image in the domestic and international markets. POCL has been awarded the prestigious status of STAR EXPORT HOUSE by the Ministry of Finance and Commerce along with winning multiple awards for the top exporter from the south Indian region.

Currently POCL is in the process of expanding its capacity in Lead and Lead Alloys by establishing yet another state of the art smelter in South India. POCL promises to add value to each and every stakeholder by delivering value through its continuous improvement process, investments and technology upgradation keeping at par with international standards.