Multibagger penny stock is up 768% from 52-week low, board sets record date for 6:10 bonus shares and stock split

“Pursuant to Section 91 of the Companies Act, 2013 and in compliance with Regulation 42 of SEBI LODR Regulations, 2015, Members are informed that the Company has fixed April 20, 2023 as the record date for subdivision in the face value of Equity Shares . 10/- onwards /- Issue of further Bonus Equity Shares in the ratio of 6:10 each under Regulation 42 of SEBI LODR Regulations, 2015. Its details are given below:

Scrip Code : 530263

ISIN Code: INE062C01034

Record Date: April 20, 2023

Objective: Sub-division of Equity Shares at face value and issue of Bonus Equity Shares in the ratio of 6:10.”

Reported net income of the firm 15.25 crore during the quarter ending December 2022 as against 0.53 crore during the quarter ending December 2021. Company’s net expense increased 14.46 cr in Q3 FY23 from 0.28 crore in the same period in 2021, while its EBIT jumped 0.79 crore onwards 0.25 Cr reported during Q3FY22. The firm said that its net profit was 0.79 Cr during Q3FY23, up from 0.25 crore, while its EPS was below 0.32 2.00 in Q3FY22.

Shares of Global Capital Markets closed at 5% lower circuit limit on BSE today 32.93. The stock recorded a total traded volume of 3,34,002 shares and a delivered volume of 2,00,394 shares or 60.00%. The stock has given multibagger returns of 897.88% in last five years and 507.56% during last year. The stock posted YTD gain of 0.40% in 2023, and has given multibagger returns of 244.82% in last six months. The stock touched a 52-week high 45.00 (20/12/2022) and at 52-week low 3.79 as on (01/06/2022), it signifies that at the current market price, the stock is trading 768% higher from 1 year low and 26.82% lower from 1 year high. The company reported promoter shareholding of 5.00% and public shareholding of 95.00% during Q3FY23.