Multibagger stock rallied over 170% in 1 year, record date set for stock split

“You are informed that in accordance with Regulation 42(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed Thursday, the 30th March, 2023 as the record date for the purpose of sub-division 1 (one) Equity Share of face value of Rs. 10/- each (Rupees ten only) fully in 10 (ten) Equity Shares of Rs. 1/- each, Bharat Agri Fert & Realty Ltd. said in a stock exchange filing. Rupees each (Rupees One only) was paid.” on Tuesday.

Bharat Agri Fert & Realty reports consolidated net loss 3.35 crore in the quarter ending December 2022 as compared to a net profit of Rs. 2.42 crore was recorded during the quarter ending December 2021. The company reported net sales 5.55 Crore down 2.63% YoY in Q3FY23 5.70 crore in Q3FY22. Bharat Agri Fert & Realty’s EPS registers loss (6.33) in Q3FY23 as compared to profit of 4.59 in the corresponding quarter of FY22.

During the quarter ending December 2022, the company said that it had renewed SSP fertilizer marketing tie-up with SPIC (Greenstar Fertilizers Limited) for 25000 MT for the year 2023-24 and is in process of marketing tie-up with Indian Potash Limited I am also The company is expected to sell 15000 MT of SSP through its own marketing network in addition to 30000 MT of SSP and 80-85 crores of revenue subject to renewal of NBS policy of the Department of Fertilizers (DoF).

Shares of Bharat Agri Fert & Realty closed today on BSE 1025.70 each level, down 0.50% from previous close 1030.90. The stock recorded an aggregate volume average of 17,257 shares and a deliverable volume average of 9,980 shares or 57.83%. During the past 27 years, the stock price has risen from 15 to the current market cap, reaching an all-time high of ₹6,730.00%. The share price rose from Rs. 135.40 at the current market price during the last five years, resulting in multibagger returns of 656.65%. The share price climbed from Rs. 114.65 at the current market price in the last three years, resulting in multibagger returns of 637.05%. The share price increased from Rs. 372.25 during the last year at the current market price, resulting in a multibagger return of 175.22%. The stock has appreciated 3.41% YTD in 2023 so far. The stock has touched a 52-week high 1,215.00 (27/01/2023) and 52-week low 356.10 on (14/03/2022). During Q3FY23, the company registered a promoter shareholding of 67.91% and public shareholding of 32.08%.