536% Gain In 6-Months: Small Cap Stock Trades New 52-Week High, To Ex-Split Soon

Small cap stock, operating in Financial sector, Karnavati Finance is all set to ex-split on February 24, 2023. The stock is rising and today traded its new 52-week high and touched upper circuit as well. The stock gained 4.98% in morning trade. Last trading price of the stock is Rs 190.80 apiece. Earlier, the company on February 14, 2023 fixed record date for sub-division of shares. Check details below:

1. Karnavati Finance Record Date For Sub-Division Of Shares Approaching

According to the BSE filing of the company, "This is to inform you that pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed 24 February 2023 as record date for the purpose of Subdivision/Split of every 1 (one) equity share of face value Rs 10/- each into 10 (ten) equity shares of Re 1/- each."

2. Karnavati Finance Stock Performance & Return

The last trading price of Karnavati is Rs 190.80 apiece. The stock's 52-week high is Rs 190.80 apiece and 52-week low is Rs 14.15 apiece. The company has a market capitalisation of Rs 191.75 crore. The stock rallied 14% in 1-month, 96% in last 3-months, 536% in last 6-months, and 678% in last 1-year.

3. About Karnavati Finance

Karnavati Finance Limited (popularly known as KFL) is among the flourishing well- diversified financial services company in India offering end-to-end lending, financing and wealth management solutions to a diversified range of customers across the country.

KFL offers customized solutions in areas of personal and business loans, loan against property, gold loan, digital lending, micro finance, etc. Karnavati Finance Limited was incorporated in the year 1984 as a NBFC (non banking finance company).

Disclaimer

The stock gives details about record date of stock split. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.