1:10 Stock Split Approved: Small Cap Stock Under Rs 110 Soars 607% In 3-Years

Board of directors of small cap plastic sector stock, Ok Play India Ltd today approved sub-division/stock split of equity shares of the company in the ratio of 1:10. Last trading price of Ok Play India share on BSE is Rs 107.50 per share with intraday gain of 1.18%. Ok Play India shares gave return of 118% YTD and soared 607% in last 3-years. The company also announced its quarterly results today.

It declared its consolidated profit before tax for the September quarter of FY24 at Rs 65.00 crore as against Rs 106.22 crore declared in the corresponding quarter of last year. The profit attributable to owner of Ok Play India and Non-Controlling Interest declared at Rs 41.47 crore for the quarter under consideration as against Rs 129.92 crore in the same quarter of last year. Check details below:

Ok Play India Declares Stock Split: As per the BSE filing of the company issued today, "The Board of Directors of the Company at its board meeting held today has accorded its approval to sub-divide/split the Equity Shares of the Company, Division of every 1 (one) equity share of the nominal/face value of Rs. 10/- (rupees ten only) each into 10 (Ten) equity shares of the nominal/face value of Rs. 1/- (rupees One only) each. Additional disclosures are enclosed and marked as Annexure I."

Ok Play India Stock Outlook & Return: Current market price of Ok Play India stock on BSE right now is Rs 107.50 per share. Its 52-week high price is Rs 136.40 per share and 52-week low price is Rs 28.55 per share, respectively. It has a market capitalisation of Rs 284.59 crore. Ok Play India shares soared 118% YTD, surged 215% in last 1-year, rallied 215% in last 1-year, rose 222% in last 2-years, and offered highest return in last 3-years with 607% rally.

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