With a market valuation of Rs. 794.39 Crore, Ritesh Properties & Industries Limited is a small-cap company dealing in the real estate industry. The company holds business ventures in both the real estate and fashion industries. For the purpose of sub-division/division of the face value of the equity shares of the company by the face value of Rs. Face value of Rs.10/- per share. 1/- per share, the Board of Directors has announced a record date of which the shareholders should be aware.
The company in a stock exchange filing today said that “in accordance with regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and relevant provisions of the Companies Act, 2013 and rules made thereunder, notice is hereby given that the company Rs.10/- per share face value of Rs.1/- per share from the face value of the equity shares of the company.”
Shares of Ritesh Properties & Industries Ltd closed today 325.00 each, down 0.81% from previous close 327.65 per share. Over the past 5 years, the share price has grown by 6.82 to the current price level as of 31 August 2017 which entails a Multibagger Return of 4,665.40% and a Compound Annual Growth Rate (CAGR) of approximately 122.20%. Similarly, the share price has gone up Up to the current market price on 11th July 1995 which enters into a multibagger return of 2,854.55%. In the last 1 year, the stock has given a multibagger return of 102.74%, but on YTD basis, the stock has fallen by 24.15% so far in 2022. On BSE, the stock had touched a 52-week high. 535.00 and 52-week low of 27/12/2021 148.60 as on 21/09/2021 which means at current market price 325.00 shares are trading 39.25% down from 52-week high and up 118.70% from 52-week low.
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