Diversified Stock To Split Face Value Of Shares From Rs 10 To Re 1 In 2-Days, Shares Up 244% YTD

Small cap company engaged in diversified commercial services sector, Inertia Steel Ltd shares offered shareholders attractive returns of 244% so far in 2024. Current market price of Inertia Steel shares on BSE stood at Rs 502.85 per share with rally of 2.00% in trade on October 18, 2024. Its market capitalisation stood at Rs 602.35 crore. This is going to be the maiden stock split that Inertia Steel will declare. It has never declared any bonus share and dividend. Check details below:

Inertia Steel Ltd To Consider Stock Split: As per the regulatory filing of Inertia Steel Ltd dated October 15, 2024, we wish to inform you that a meeting of the Board of Directors of our Company is scheduled to be held on Tuesday, 22th October, 2024 to consider and approve proposal for the subdivision of the Company's equity shares, splitting the face value of shares from ₹10/- to ₹1/-.

Inertia Steel Ltd Share

Inertia Steel Shares Performance: The 52-week high price of Inertia Steel Ltd shares on BSE stood at Rs 502.85 per share (as on 15/10/2024) and 52-week low price is Rs 138.70 per share (as on 15/07/2024), respectively. Inertia Steel shares gained 25% in last 1-month, zoomed 228% in last 3-months, and offered return of 230% in last 1-year.

Inertia Steel About: Inertia Steel Limited is engaged in the business as merchants, commission agents, brokers, buyers, sellers, importer, exporter, dealers, business agents, trading in iron and steel etc. It was founded in India in the year 1984, according to its official website.

Disclaimer: The stock highlights the stock split and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.

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