Multibagger stock trading up 324% from 52-week low ahead of stock split

with a market cap of 502 Crore, Raghuvansh Agrofarms Limited is a small-cap company dealing in the food processing industry. The company is in the agriculture industry and offers a wide variety of goods including organic vegetables, organic cereals and cereals, dairy products made from cow and buffalo milk, vermicompost, organic wheatgrass, organic manure, aeroponic potatoes and ornamental plants. Additionally, the firm provides services in dairy products, crops and green vegetables, organic and green manures, vermicompost, orchard and floriculture, medicinal and aromatic plants, seed production, and organic manure-produced from biomass. The division or division of the face value of equity shares by Rs. 10 to Re 1 is declared by the company.

“In accordance with Regulation 42 and other applicable provisions of[SEB](LODR) Regulations, 2015, this informs you that the Company has considered, approved and fixed the record date as detailed below for the purpose of sub-optimal BSE “Split/split of the face value of the equity shares of the company,” said Raghuvansh Agrofarms in the filing.

purpose- Sub-division of equity shares of Rs. 10/- each to Rs. Determination of the eligibility of the members of the company entitled to receive sub-divided equity shares of 1/- each and Rs. 1/- each against existing equity shares of Rs.10/- each.

Recording date- 1 August 2022

listed on- BSE

Shares closed today on BSE 422 level, up 0.48% from its previous close 420. The increase in the value of the stock during the previous year is 129 on July 23, 2021, at current levels, represents a multibagger return of 227.13% over that time. Year-to-date (YTD), the stock has given a return of 51.80 per cent in 2022 so far. The stock has gained 44.52 per cent in the past six months, but has lost 7.35 per cent during the past month. , The stock touched a 52-week high 52-week low of 466.00 on 22/06/2022 99.30 on 07/10/2021 indicating that at the current level of 422 shares are trading 9.44% down from 52-week high and 324.97% up from 52-week low.

subscribe to mint newspaper

, Enter a valid email

, Thank you for subscribing to our newsletter!