From Rs 10 To Rs 1! Penny Stock Below Rs 5 Confirms Share Split — What It Means For You?

Founded in 2016, Space Incubatrics Technologies Ltd. (SITL) is a publicly traded Indian firm in the IT industry. With a market capitalization of Rs 9.24 Cr, Space Incubatrics Technologies shares were last seen trading at Rs 2.67 a share on the BSE. As the declared record date for the stock split approaches, investors will become interested in the penny stock.

Space Incubatrics Technologies Stock Split Record Date

For the purpose of determining the eligibility of shareholders of the company for subdivision/split of each fully paid-up equity share having a face value of Rs.10/- each be sub-divided to a face value of Re.1 /-, the Board of Directors has fixed Friday, 19th December, 2025 as the record date.

Space Incubatrics Technologies Financials

From Rs. 0.03 crore in Q2 FY25 to Rs. 20.25 crore in Q2 FY26, the company's consolidated total income climbed by 67,400 percent YoY and by 13,400 percent QoQ from Rs. 0.15 crore in Q1 FY26. Space Incubatrics Technologies Limited's consolidated net profit reached Rs. 9.56 crore as opposed to a net loss of Rs. 0.03 crore in the same period the previous year. The net profit has grown by 23,800 percent from Rs. 0.04 crore in Q1 FY26.

Space Incubatrics Technologies Target Price

"Space Incubatrics is bullish but also overbought with next resistance at 2.94. Investors should be booking profits at current levels as a Daily close below support of 2.47 could lead to a target of 1.99 in the near term," commented A R Ramachandran, Independent SEBI-registered Research Analyst, Tips2trades.

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