Maiden Split In 24 Yrs: Stock Under Rs 90 To Split On Oct 17, Shares Hit Multiple Upper Circuits

Harshil Agrotech Ltd shares today hit second consecutive upper circuit on BSE despite weak market where Sensex tumbled over 600 points. Current market price of Harshil Agrotech shares on BSE is Rs 84.16 per share. The stock has been hitting back to back upper circuits and trading 52-week high since September 30, 2024. Harshil Agrotech shares offered stunning returns to shareholders over the years. In last 3-months, Harshil Agrotech shares zoomed 220% and gained over 900% in last 6-months. Check details pertaining to stock splits below:

Harshil Agrotech Revises Record Date For Stock Split: As per the exchange filing of Harshil dated October 7, 2024, "pursuant to the Regulation 42 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 we hereby intimate you the record date for the purpose of Sub-Division of 1 (one) Equity Share of face value of Rs. 10/- (ten) each fully paid up into 1 (one) Equity Shares of Rs. 1/- (one) each fully paid up, resulting in issuance 10 (ten) Equity Shares of Rs. 1/- (one) each fully paid up, thereby keeping the paid up capital intact." The new record date is October 17, 2024.

Harshil Agrotech Shares Performance: The 52-week high price of Harshil Agrotech shares on BSE is Rs 84.16 per share (as on 07/10/2024) and 52-week low price is Rs 2.54 (as on 06/10/2023), respectively. The company's market cap stood at Rs 90.89 crore. Harshil Agrotech shares surged 1870% in 2024 and rose 3213% in last 1-year.

Harshil Agrotech Financial Performance: The company reported its net sales for the June 2024 quarter at Rs 11.37 crore, up 218.275 as against Rs 3.57 crore declared in the corresponding quarter of last year. The company's quarterly net profit declared at Rs 0.90 crore for June 2024 quarter, up 130.08% as compared to Rs 0.39 crore declared in the similar quarter of last year. The company's EBITDA stood at Rs 1.22 crore for June 2024 quarter, up 130.19% from Rs 0.53 crore declared in June 2023 quarter. Its EPS however came down to 0.83 in June 2024 quarter from Rs 4.90 in June 2023.

About: The company came into existence in 1972. Harshil Agrotech Limited is engaged in designing, engineering, and manufacturing the chemical processing equipment. It provide its products to the chemical, petrochemical, power generation, steel, pharmaceutical, dye, and paper pulp industries.

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