Cellcor Gadgets Stock Split News: Cellcore Gadgets is one of the companies that has given excellent returns in the stock markets during the last few years. The company’s IPO came in September last year. Subsequently, the price band of this SME IPO was Rs. 87 to Rs. 92 per share was fixed. The company was listed at Rs.92. But after the listing, the shares of Celcor Gadgets saw a surge. Due to which the share price reached the level of Rs.295. That is, the price of this multibagger stock has increased by 220 percent in these 9 months. Once again this company has been in the news. Let us tell you that Cellcor Gadgets has said that their shares will be divided into 10 parts. The company has also set a record date for this stock split. Let’s know about it in detail –
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Celcor Gadgets Stock Split Record Date?
The company has told Share that a meeting of the board of directors was held on June 26. In the same meeting, the shares were allowed to be divided into 10 parts. After this stock split, the face value of Cellcor Gadgets shares will decrease from Rs 10 to Rs 1 per share. Let us tell you that the company has announced the record date of the stock split as 9 August 2024.
The stock is in a lower circuit today
Shares of the company in NSE SME are Rs. opened at 313.50. After some time it reached the level of Rs 314. However, the stock fell again by 5 percent to Rs. came to the level of 291. Let us tell you that the company’s 52-week high is Rs 355. And the 52-week low is Rs 88.15 per share. The market cap of this company is Rs 610.16 crore.
The good thing from the investor’s point of view is that the company’s stock has gained 15 percent in the last one month. Let us tell you that the total share of promoters in the company is 46.60 percent.