Multibagger Stock Gets New ISIN From NSDL And CDSL After 1:10 Stock Split; How To Trade Now?

A non-banking financial corporation (NBFC) in India, Oasis Securities Limited provides loans, investments, and financial services. Originally called Abhishek India Limited, it was formed in 1986 and renamed Oasis Securities Limited in 1995. Following the allotment of a new ISIN to the company after a 1:10 stock split corporate action, for which the record date has been set as February 28, 2025, Oasis Securities' shares closed Monday at a 2% upper circuit limit at Rs 290.75 per share with a market capitalisation of Rs 53.79Cr.

Oasis Securities ISIN

"This is for your kind information that both the Depositories i.e. NSDL and CDSL have allotted new ISIN for Equity Shares of the Company having Face Value of Re. 1/- (after effecting Sub-division of Face Value of Equity Shares of the Company) as following: New ISIN for Face value of Re. 1/- Equity Shares- INE876A01023," said Oasis Securities in a stock exchange filing on Monday.

Oasis Securities Stock Split Record Date

For the purpose of sub-division or splitting one equity share of Rs. 10/-each into ten equity shares of face value of Re. 1/-each, the Board has set Friday, February 28, 2025, as the record date.

Oasis Securities Q3 Financials

From Rs 0.61 crore in the December 2023 quarter to Rs 0.17 crore in the December 2024 quarter, Oasis Securities' net profit fell 72.13%. Sales in the quarter ending in December 2024 dropped 59.00% to Rs 0.41 crore from the year-ago quarter, which ended in December 2023, when they were Rs 1.00 crore. From Rs. 0.63 crore in Q3FY24 to Rs. 0.17 crore in Q3FY25, EBITDA fell by 73.02%.

Oasis Securities Share Price Target

"Oasis Securities stock price is slightly bullish on the Daily charts with strong support at 285. A Daily close above resistance of 293 could lead to a target of 345 in the near term," recommended A R Ramachandran, Independent Research Analyst.

Disclaimer

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