1:2 Stock Split: Metals Stock Fixes Nov 15 As Record Date After Shareholders' Approval

JTL Industries Ltd shares gained 2.99% in trade today to settle at Rs 194.30 per share on BSE. Today the company fixed November 15, 2024 as the record date for stock split/sub-division of shares. The company gave the latest update after the market hours. JTL Industries will declare financial results on October 30, 2024. JTL Industries shares fell 15% in last 1-month and gained 2083% in last 5-years. Its market capitalisation is Rs 3616.27 crore. Check details below:

JTL Industries Issues Record Date: According to the BSE filing of JTL Industries dated October 28, 2024, we wish to inform you that pursuant to the shareholders' approval obtained in the ExtraOrdinary General Meeting held on October 26, 2024, the Board of Directors of the Company has fixed November 15 as Record Date for the purpose of sub-division/split of 1 (one) Equity Share of the Company having face value of Rs. 2/- each into 2 (Two) Equity shares of the company having face value of Rs. 1/- each.

JTL Industries To Consider Financial Results: The exchange filing of the company dated October 26 said, "a Meeting of the Board of Directors of the Company will be held on Wednesday, the 30th day of October, 2024, inter-alia to consider and to approve the Un-audited Financial Results (Standalone and Consolidate) for the Quarter/Half year ended 30th September, 2024."

JTL Industries Shares Performance: The 52-week high price of JTL Industries shares on BSE is Rs 276.60 per share (as on 28/02/2024) and 52-week low price is Rs 167.10 per share (as on 12/03/2023), respectively. JTL Industries shares fell over 10% in last 1-year, gained 36% in last 2-years, and offered return of 75% in last 3-years.

Shareholding: FII/FPI have increased holdings from 4.48% to 5.82% in June 2024 quarter. Number of FII/FPI investors increased from 17 to 20 in June 2024 quarter. Mutual Funds have increased holdings from 0.07% to 0.30% in June 2024 quarter. Number of MF schemes increased from 2 to 3 in June 2024 quarter. Institutional Investors have increased holdings from 4.55% to 6.12% in June 2024 quarter. Morgan stanley asia singapore pte - odi has 1.23% stake in JTL.

JTL Industries Bonus Share In 2023: JTL Industries recommended 1:1 bonus share in 2023 and fixed September 07, 2023 as the record date.

About: JTL Industries Limited produces and exports galvanized steel tubes and pipes as well as heavy structural steel and hollow sections. JTL Industries is one the largest producer of Electric Resistance Welded (ERW) steel pipes including one of the largest section pipe & tube manufacturers in India, with a capacity to produce more than 6 Lakh Metric Tonnes per annum. It caters extensively to the region and exports to various countries globally. The company's vast distribution network is spread across India, having branch offices in Delhi, Mumbai & Chandigarh, making it one of the leading GI pipe manufacturers in India, according to its official website.

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