3 Microcap Stocks Under Rs 100 Set To Trade Ex-Split Next Week, July 17 to 23

The next week of July is packed with 3 stock-split of microcap stocks. A sub-division or stock split is a corporate action that raises the number of outstanding shares by issuing additional shares to current shareholders while lowers the price of each share by cutting the face value.

3 microcap stocks that will turn ex-split next week are Square Four Projects India, Tejnaksh Healthcare, and Ashapuri Gold Ornament. Check below these three stocks that will trade ex-split next week from July 17 to 23.

Square Four Projects India Ltd.

Stock Split: On Thursday, Jul 13, 2023, the Board of Directors of Square Four Projects India Ltd. fixed Thursday, Jul 20, 2023, as the Record Date for the stock split of the Company from Rs. 10/- per share to Rs. 5/- per share.

Stock Outlook: The stock's current market price is Rs 20.34 apiece, up 4.95% from its previous close of Rs 19.38 apiece on BSE. It hit 52-week high at Rs 22.09 apiece and 52-week low at Rs 8.01 apiece, respectively.

Returns: It gave 15.63% in the past 1 week. It jumped 141.28% in 6 months, while in 1 year, it gave 11.15% positive return. It has given 240.70% positive return in 2 years and 10.24% positive return in 3 years, respectively. However, it declined 9.20% in 5 years.

About the company: Square Four Projects India Ltd. is a real estate sector company engaged in the development of infrastructure and real estate. The company has a market valuation of Rs 19.95 Crore.

Tejnaksh Healthcare Ltd.

Stock Split: On Thursday, Jun 29, 2023, Tejnaksh Healthcare Ltd. fixed Wednesday, Jul 19, 2023 as the 'Record Date' for sub-division /split.

The Board of Directors approved stock split of every 1 fully paid-up equity share having face value of Rs 10 each in the share capital of the Company, into 2 fully paid-up equity shares having face value of Rs 5 each.

Stock Outlook: Tejnaksh Healthcare's Stock last traded at Rs. 71.60 apiece, up 0.20% compared to its previous close. It traded 52 week high at Rs 58.99 apiece and 52 week low at Rs. 172.85 apiece, respectively.

Returns: The stock declined 6.37% in 1 week, and 27.35% in 3 months, respectively. It has given 46.88% negative return in 1 year. It has given 75.07% positive return in 3 years. In 5 years, it has given 31.15% negative return.

About the company: Tejnaksh Healthcare Ltd. is a Healthcare sector company engaged in the business of providing hospital and healthcare services. The company has a market capitalisation of Rs. 72.02 crore.

Ashapuri Gold Ornament Ltd.

Stock Split: On Monday, Jul 03, 2023, the Board of Directors of Ashapuri Gold Ornament Ltd. fixed Tuesday, Jul 18, 2023, as the Record Date for Split/Sub-Division of 1 equity share having face value of Rs 10 each into 10 equity shares of Rs 1 each.

Stock Outlook: On BSE, The last traded share price of Ashapuri Gold Ornament is Rs 85.70 per share, down 1.63% from its previous close of Rs 87.12 per share. Its 52-week high is Rs 95.30 apiece and 52-week low is Rs 44 apiece, respectively.

Returns: The stock jumped 4.07% in 1 week, and 13.52% in 1 month, respectively. It jumped 99.61% in 1 year. While, in 2 years, it gave 118.19% positive return. It gave 157.11% positive return in 3 years.

About The Company: Ashapuri Gold Ornament Ltd. is an India-based jewellery sector company. It is one of the prominent manufacturers and wholesalers of gold jewellery. The company has a market valuation of Rs 219.81 Crore.

Disclaimer

The stocks just highlight the stock-split and are not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.