The stock rallied over 600% in 2 years of listing, board to announce stock split

The Company has informed the Stock Exchanges that “a meeting of the Board of Directors of the Company is scheduled to be held on Monday, February 06, 2023 to transact, inter alia, the following business: 1. To consider, approve and take on record the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended December 31, 2022 and to take on record Limited Review Report in accordance with Regulation 33 of SEBI (Listing Liability and Disclosure Requirements) Regulations, 2015. 2. To consider and approve the proposal for sub-division/split of the equity shares of the Company, as may be determined by the Board of Directors and subject to the approval of the shareholders and such officers, as may be necessary.”

Deep Industries Limited shares closed on NSE At 308 on Friday, up 2.66% from its previous close. 298.35. The stock recorded a total volume of 82,826 shares as compared to 20-day average volume of 91,111 shares. On 27 April 2021, the Deep Industries stock was officially listed on the stock exchanges, and has since climbed 648.48% to reach an all-time high. The stock has appreciated 73.67% over the last year and YTD, it has climbed 3.77% in 2023 so far. The stock had touched a 52-week high 322.00 (10-Oct-2022) and at a 52-week low 165.50 on (24-Feb-2022), indicating that at current market price, the stock is trading 4.34% down from 1-year high and 86.10% above 1-year low. For the quarter ending December 2022 or Q3FY23, the company reported promoter shareholding of 63.49% and public shareholding of 36.51%.