Stock in Focus Today: Enbee Trade & Finance To Announce Stock Split on April 11; Check Details Here

In a strategic move aimed at enhancing liquidity and affordability for investors, Enbee Trade and Finance Limited., a Non-Banking Financial Company (NBFC), recently approved its first stock split. The company decreased the face value of its shares from Rs. 10 to Rs. 1 per share and announced a 10:1 split. The record date for the stock split is Friday, April 11.

Enbee Trade & Finance Stock Split on April 11

Enbee Trade & Finance declared in January 2025 that 1 equity share of face value Rs 10 will be split into 10 equity shares of face value Rs 1 each. According to data from the Bombay Stock Exchange (BSE), the company's market capitalisation is Rs 47.91 crore. The NBFC firm recently declared the revised record date for the stock split and informed the exchanges of its corporate action. April 11, 2025 has been set as the expiry and record date for the stock split from Rs 10 to Rs 1. The business previously designated April 4 as the record day for the stock split.

In an exchange filing, the company said, "With reference to our earlier communication dated 27th March 2025, in which we had intimated the fixing of the record date as Friday, April 04, 2025 for the purpose of determining the eligibility of shareholders of the Company for Sub-division (stock split) of every 1 (One) equity share of face value of Rs. 10.00/- each into 10 (Ten) equity shares of Face Value of Re. 1/- each as approved by the shareholders."

"After further consideration, the Board of Directors has decided to revise the record date and has fixed Friday, April 11, 2025, as the revised record date," as per the exchange filing

Stock in Focus Today: Enbee Trade and Finance Share Price

The stocks of Enbee Trade and Finance Ltd. will be in focus today. On the latest trading day, Wednesday, the shares dropped by about 4.96% to close at Rs. 9.20.The stock is up 15 per cent in a week and 26 per cent in 2 weeks. Over a period of 1, 2, 3 and 5 years, the stock has declined 3, 19, 66 and 71 per cent, respectively. Stock splits are frequently used by companies to increase share liquidity and make the stock more accessible to a broader spectrum of investors.

About Enbee Trade and Finance Ltd.

Enbee Trade & Finance Limited is an Indian NBFC that accepts non-deposit funds. The company is a financial services firm that specialised in lending, such as providing unsecured loans to businesses and people.

Enbee Trade and Finance Ltd. Financials

According to a report of Moneycontrol, Enbee Trade & Finance Ltd.'s net sales for the December 2024 quarter stood at Rs. 4.71 crore, marking a significant increase of 116.29% compared to Rs. 2.18 crore in the December 2023 quarter. The company reported a net profit of Rs. 0.82 crore for the December 2024 quarter, reflecting a 171.99% jump from Rs. 1.13 crore in the same period of 2023. Additionally, EBITDA surged by an impressive 913.33%, rising from Rs. 0.45 crore in Q3FY24 to Rs. 3.66 crore in Q3FY25.