2 Multibagger Penny Stocks to Watch for Next Week for a Stock Split

On the topic of Upcoming Stock Splits or Upcoming Shares of Share 2022 in 2022 India, Navkar Urbanstructure and Aashnisha Industries shareholders and new investors should be informed about the Stock Split or Split Share which is coming in the next week of June. Both these stocks are penny stocks with multibagger returns for shareholders, however, investors should be prepared for a stock split soon, as the existing shares will be split into multiple shares next week on June 23, 2022.

Navkar Urban Structure

The company said in a BSE exchange filing that its board of directors has approved sub-division/split of existing 1 (one) equity share of face value of Rs. 10/- each fully paid-up to 5 (five) equity shares of Rs. 2/- each fully paid, subject to the approval of the shareholders of the company. The record date for the purpose of stock split has been set as 23 June 2022.

Navkar Urban Structure shares rise 15.80 June 21, 2021 to . Feather 63.35 in the previous trade, represents a multibagger gain of 300.95 per cent. So far in 2022, the stock has returned 41.72 per cent to shareholders on a year-on-year (YTD) basis. closed on stock 63.35 on Friday, an increase of 1.60 percent from its previous close 62.35.

Ashisha Industries

The Board of Directors of the Company on Thursday, June 23, 2022 approved and fixed June 23, 2022 as the record date for determining the eligibility of shareholders in respect of subdivision of 1 equity share of face value of Rs. The company said in a BSE exchange filing that the shares of face value of Rs.1/- are fully paid-up.

Ashishna Industries shares are up 5.19 level by 21 June 2021. till the last traded value of 16.60 which represents a multibagger return of 219.85% in 1 year. On a year-over-year (YTD) basis, the stock has delivered 69.39% return to shareholders in 2022 so far.

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