stock market today Shares of Diligent Industries are one of the multibagger stocks in 2021. In the latest exchange communication, the company management has informed the Indian exchanges about the decision on subdivision of its shares in 1:5. It also stated that the record date for ensuring the eligibility of eligible shareholders for corporate action is 20 April 2022 i.e. today. However, market investors have started reacting to the corporate action of the company. Multibagger stock has been influencing the upper circuit for the past two sessions and in both the sessions, it has hit a new 52-week high.
Informing about corporate action, Diligent Industries Limited Informed BSE, “In accordance with Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is informed that the Company has fixed Wednesday, April 20, 2022 as the record date so that the eligibility of shareholders can be detected. corporate action of divestment of 1 (one) equity share having a face value of Rs. 5/- (Rupees five only) each of 5 (five) equity shares having face value of Rs.1/- (Rupees one only).”
Diligent Industries Share Price History
As mentioned above, Diligent Industries shares are one of the rare multibagger stocks that have generated alpha returns by a large margin. This stock has jumped in the last one year from 1.61 At 22.20 levels on the BSE, it registered a growth of around 1280 per cent over the period. Over the past six months, this money has moved above the stock. 2.49 each level to 22.20, with a gain of 800 per cent this time. Similarly, in the last 3 months, this multibagger penny stock has rallied from 4.51 The 22.20 level, at the moment, appreciates around 400 percent.
This multibagger stock has seen a boom in trading volume recently. Its trade volume on Tuesday was 1,94,166, which is significantly higher than the average trade volume of 34,486 in the last 20 days. its market cap is 253 cr and this multibagger stock is currently at its 52-week high 22.20 Each level.