Engineering Co To Mull 1:5 Stock Split, Q2 Results On Nov 11; Shares Gain 152% In 1-Yr

Small cap engineering company, KPT Industries Ltd shares today slipped marginally by 0.41% and 17% in last 2-weeks. However, KPT Industries shares offered stunning returns of 152% in last 1-year. The company informed today about its upcoming meeting of Board of Directors scheduled to take place on November 11, 2024 to consider financial results and sub-division (stock split) in the proportion of 1:5. The company has a market capitalisation of Rs 346.80 crore. Its roe is 24.43 and PE is 25.76. Check key details below:

KPT Industries To Consider Financial Results:

As per the exchange filing of KPT Industries dated October 29, 2024, "we hereby inform you that Meeting of the Board of Directors of the Company is scheduled to be held on Monday, the 11th November, 2024 for approval of following agenda:

1) Unaudited Financial Results for the half year ended as on 30.09.2024

2) Sub- Division (Stock Split) of Equity Shares of the Company for Rs. 5/- (Rupees Five Only) each to Re. I/-(Rupee One Only) each."

KPT Industries To Consider Stock Split:

As per the exchange filing of KPT Industries dated October 29, 2024, "this is to inform you that the Board of Directors shall discuss on the captioned subject and recommend to the Members the sub-division of each equity share having nominal value of Rs.5/- (Rupees Five Only) into nominal value af Re. I/- (Rupee One Only), each fully paid up ranking pari-passu in all respects with effect from such date as may be fixed for this purpose ("Record Date") by the Board (hereinafter the term 'Board ', shall be deemed to encompass any committee formed by the Board, including those constituted by the Board subsequently) of the Company, subject to Members approval through Postal Ballot mechanism."

KPT Industries Shares Performance:

The 52-week high price of KPT Industries shares on BSE is Rs 1360.00 per share (as on 20/08/2024) and 52-week low price is Rs 396.25 per share (as on 30/10/2023), respectively. KPT Industries shares offered return of 21% in last 3-months, gained 48% in last 6-months, zoomed 80% so far this year, and rose 432% in last 2-years. In last 3-years, KPT Industries stock soared 665% and rallied 1708% in last 5-years.

KPT Industries Dividend History:

KPT Industries recommended 19 dividends since July 24, 2003. In last 1-year, KPT Industries announced an equity dividend amounting to Rs 2.50 per share. At the current share price of Rs 1020.00, KPT Industries offers a dividend yield of 0.25%.

About KPT Industries:

It produces and distributes tools. KPT Industries provides electric power tools, spares, control motors, and blowers. It came into existence in 1976 and operates in engineering sector.

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