FMCG penny stock to consider stock split, rallies over 400% in 3 years

The company said in a stock exchange filing today that “we inform you that, a meeting of the Board of Directors of the Company is scheduled to be held on Friday, February 10, 2023 at the Corporate Office of the Company inter alia: December 31, To consider, approve and record the unaudited standalone and consolidated financial results for the quarter and nine months ended 2022 Change in the share capital of the company by sub-division/split of existing equity shares of the company of face value of Rs. 10/- each in such manner as may be prescribed by the Board and subject to the approval of the shareholders and such officers as may be necessary.”

Shares of Comfort Intake closed today on BSE. 28.35 each level, down 0.35% from the previous close 28.45. The stock recorded a total volume of 13,308 shares. The stock is up 67% over the past five years, and over the past three years, it has risen from 16.60 in Jan 2018 at the current market price, representing a multibagger return of 461%. The stock has declined 2.24% during the last year, but YTD, it has climbed 5.59% in 2023. The stock has appreciated 13.86% in last six months and 9.46% in last month.

The stock has gained 2.35% in last five trading days. The stock touched a 52-week high 31.65 (01/12/2022) and at 52-week low 19.80 on (10/10/2022), indicating that at the current market price, the stock is trading 10.42% down from 1-year high and 43.18% up from 1-year low. At today’s close, the stock was seen trading above 5, 10, 20, 50, 100 and 200 Exponential Moving Averages (EMA). For the quarter ending December 2022 or Q3FY23, the company reported promoter shareholding of 57.46% and public shareholding of 42.54%.