This stock hits upper circuit as board sets record date for bonus shares

with market value of 14.03 Crore, Karya Facilities & Services Limited is a small-cap company engaged in commercial services industry. The company provides a wide range of services for facilities management needs including specialized cleaning and sanitation services, housekeeping, pantry, MEP (mechanical, electrical, handyman services – repair and maintenance), pest control, landscaping, guest house management and façade cleaning. Is. , Shares of Karya Facilities and Services Ltd opened today 29.75 per cent and closed at today’s upper circuit limit 30.00 with an increase of 19.52% from the previous close. The total number of shares traded today was 18,000 shares.

The Board of Directors of the Company in a regulatory filing said that “In accordance with Regulation 42 of SEBI LODR, 2015, the Company has fixed Wednesday, 5th October, 2022 as the record date for the purpose of ascertaining the eligibility of the Shareholders For issue of Bonus Shares in the ratio of 1:1 i.e. 1 (a) Bonus Equity Shares of INR 10.00 each fully paid up for every 1 (a) Existing Equity Shares fully paid up (ie Ratio in) of 1:1) at the Annual General Meeting held subject to the approval of the shareholders.”

The stock has fallen 37.50 percent over the past five years and 1.64 percent over the previous year. The stock has gained 26.32% in the last six months and 42.86% in 2022. The stock has gained 50.00% in the last month and 27.66% in the last 5 trading sessions. On BSE, the stock had made a new 52-week high of Rs. 32.10 on (06/09/2022) and 52-week low of At 12.65 (09/12/2021) it shows that the stock is trading up 137.15% from the low at the current market price. For the quarter ended June 2022, the company recorded a promoter shareholding of 55.43% as compared to its peers like Cams Services and CDSL. The company has a book value per share of 23.97, resulting in a price-to-book value (P/B) ratio of 1.25, indicating that the stock may be considered an undervalued stock due to its lower P/B than the stock. . Such as BSE Limited, Computer Age Management Services Limited, Indian Energy Exchange Limited, CDSL, Century Plyboards (India) Limited, PB Fintech Limited and Gujarat Gas Limited.

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