Stock Split 2022: Shares of IRB Infrastructure Developers Ltd are one of the multibagger stocks on Dalal Street which have given tremendous returns in the post-Covid rally. This multibagger realty stock has bounced around 51 each level 322 per share level in last three years, growing almost 6 times in this time. The small-cap stock has informed the Indian markets that its board of directors is going to consider a stock split soon. The company said that the company’s board will consider stock subdivision in its upcoming meeting to be held on January 4, 2023.
information Share Market Regarding the stock split move to the exchanges, the small-cap company said, “Pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, this is to inform that the meeting of the Board of Directors of the company is scheduled. Jan 04 , 2023, to consider, inter alia, a proposal for alteration of the share capital of the Company by sub-division/split of existing equity shares of face value of Rs.10 each, fully paid-up done up,” adding, “Further, for the purposes of the above and with reference to the internal procedures and code of conduct for regulation, monitoring and reporting of trading by designated persons, the trading window for dealing in securities of the Company has been closed and will be open to the public 48 hours after the announcement of the financial results for the quarter ended December 31, 2022.”
irb infrastructure share price history
IRB Infra share price today opened with an uptrend and climbed to its intraday high Rs 322.55 on NSE, nearly 2 per cent away from its life-time high 329.40 each. This multibagger stock is in uptrend since last six months. This small-cap stock has seen an all-round rally in the last one month from 250 322 at each level, this time increased by 25 percent. This multibagger small-cap stock has bounced close in the last six months from 180 322 per share level, currently heading towards over 75 per cent upside in the horizon.
In YTD time, this small-cap multibagger stock has appreciated 45 per cent, while in the last one year, this multibagger stock has given nearly 55 per cent returns to its long-term positional investors. In the post-Covid boom, this small-cap stock has given tremendous returns to those who believed in finishing bottom. This was around Small-cap stocks available in April 2020 51 appears, which has now increased 322 level, almost six times in these three years, giving almost 500 per cent returns to such long-term investors.
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