1:10 Stock Split: January 8 Record Date For Sub-Division of Shares; Best Pick To Consider?

Products including aluminium bars, rods, and profiles, aluminium powder, aluminium scrap, ammonium molybdenum, and G I pipes are all manufactured by AA Plus Tradelink including graphite cubes and circles, graphite powder, graphite rods, blocks and plates, scrap graphite, squares and rounds, M S pipe, and M S sheet. Under one roof, the organisation provides its consumers with products in every size, grade, and quality. Currently, the company is involved in the trade of iron and steel, aluminium, graphite, and other alloy products.

AA Plus Tradelink Stock Split Date

"In terms of Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ["SEBI (LODR), Regulations"] and rules made there under, we wish to intimate you that AAplus Tradelink Limited ('the Company') has fixed Wednesday, January 08, 2025 as 'Record Date' 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 through Postal Ballot on December 19, 2024," said AA Plus Tradelink in a stock exchange filing on December 27th , 2024.

AA Plus Tradelink Financials

The firm recorded net sales of Rs 12.47Cr for the quarter ending in September 2024, up from Rs 8.97Cr for the quarter ending in September 2023. In Q2FY25, its net income was Rs 13.07 Cr, up from Rs 9.47 Cr in Q2FY24. The company's profit before depreciation and taxes (PBDT) reached Rs 0.39 Cr as against Rs 0.37 Cr in the year-ago quarter. The company reported a net profit of Rs 0.28 Cr in Q2FY25 compared to Rs 0.27 Cr in Q2FY24 as per the data available on BSE.

AA Plus Tradelink Share Price Target

"AA Plus Tradelink stock price is slightly bullish on the Daily charts with strong support at 12.5. A Daily close above resistance of 14.2 could lead to a target of 18 in the near term," commented A R Ramachandran, Independent Research Analyst.

Disclaimer

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