with a market valuation of 127 Cr., Sarthak Industries Limited is a small-cap business dealing in the Gas and Petroleum Industry. The company operates a factory which produces LPG cylinders at Pithampur in Dhar (MP) district. LPG cylinders are provided to both private businesses and oil firms including Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited, and Bharat Petroleum Corporation Limited. The board of directors will meet on November 14 to consider the bonus shares, which shareholders should be aware of. ,
The company in a stock exchange filing said that “Notice is hereby given that the meeting of the Board of Directors of the company is scheduled to be held on Monday, November 14, 2022, i. for the quarter and half year ended September 30, 2022, i. To consider and approve the unaudited financial results of the Company. To consider issue of bonus shares by the Company. Further, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Code of Conduct framed thereunder, the Company has The trading window for all the nominees (as defined in the Code) of the Company has been closed with effect from October 01, 2022 and 48 of the declaration/declaration of un-audited financial results for the quarter and half year ended September 30, 2022. Will be closed till hours later.”
Today’s closing price of the shares of Sarthak Industries Ltd. is Rs. 182.50 per share, a decline of 0.79% from the previous close of Rs. 183.95. There were a total of 2,408 shares in trading today, higher than the 20-day average volume of 699 shares. The stock has given a multibagger return of 2,967.23% in the last five years and 2,198% during the last three years. The stock is up 57.33% over the past year, and has climbed 67.89% YTD in 2022. The stock has given a multibagger return of 156.14 during the last six months, and has increased by 38.05% as compared to the previous month. The stock has climbed 4.43% during the last five trading days.
For the quarter ended September or Q2FY23, the company reported promoter shareholding of 36.27% and public shareholding of 63.73%. The stock had touched a 52-week high 193.00 on (04/11/2022) and 52-week low of At 46.10 (10/08/2022), it shows that the stock is trading 5.44% below the high and 295.87% above the low at the current market price.
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