Small Cap Multibagger Metals Stock Sets Record Date For Sub-Division Of Shares

Small cap stock operating in Metals & Ferrous sector, Sarda Energy & Minerals Ltd fixed August 4, 2023 as the record date for sub-division of shares. Sarda Energy & Minerals shares witnessed a rally of 0.67% intraday on BSE soon after the record date for stock split fixed. Sarda Energy & Minerals stock delivered return of 145% in last 2-years and 84% return in last 1-year. Check details below:

Sarda Energy & Minerals Sets Record Date For Stock Split: According to the BSE filing of Sarda Energy & Minerals, "This is to inform that pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Friday, 4th August 2023 has been fixed as the "Record Date" for the purpose of sub-division / split of existing Equity Shares of the Company from l (One) Equity Share having face value of Rs 10/- (Rupees Ten only) each fully paid-up, into 10 (Ten) Equity Shares having face value of Re 1/- (Rupee One only) each fully paid-up, as approved by the members through Postal Ballot on 13th July 2023."

Sarda Energy & Minerals Stock Outlook & Return Over Years: Last trading price of Sarda Energy & Minerals share is Rs 1596.50 per share on BSE. Its 52-week high price is Rs 0.67% and 52-week low price is Rs 793.25 per share, respectively. Sarda Energy & Minerals has a market capitalisation of Rs 5,625.77 crore. Sarda Energy & Minerals shares offered return of 40% in last 3-months, 51% return in last 6-months, 855% return in last 3-years, and 322% return in last 5-years. It jumped 1599% in last
10 years.

Sarda Energy & Minerals Financial Performance: The company for the quarter ended March 31, 2023 declared its consolidated total income at Rs 1099.85 crore, up 15.59% as against Rs 951.54 crore announced in the preceding quarter. It announced its latest quarter net profit after tax at Rs 115.51 crore.

Disclaimer: The stock highlights stock split/sub-division of shares and is 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 ay losses. Please consult a professional advisor.