1:10 Stock Split Gets Record Date: Small Cap Stock Offered Impressive 1459% Return

Board of Small cap stock operating in Financial Services sector, Comfort Intech Ltd fixed April 14, 2023 as the record date for 1:10 stock split. The stock gave attractive returns of 1459% in just 3 years span. The current market price of the stock is Rs 36.14 apiece on BSE with intraday gain of 7.88%. The stock traded its new 52-week high value on April 5, 2023. Check details below:

Comfort Intech Ltd Sets Record Date For Stocks Split: According to the BSE filing of the company, "Pursuant to Regulation 42 of SEBI Listing Regulations, the Company has fixed Friday, April 14, 2023 as the Record date for the purpose of determining the eligibility of shareholders for the purpose of sub-division of each existing equity share of face value of Rs. 10/- (Rupees Ten only) each into Ten (10) equity shares of face value of Re. 1/- (Rupee One only) each, fully paid-up, as approved by the shareholders through Postal Ballot on March 24, 2023."

Comfort Intech Ltd Stock Performance & Return: Current market price of the stock is Rs 36.14 apiece with 52-week high price at Rs 37.49 apiece and 52-week low price at Rs 19.80 apiece, respectively.

The company has a market capitalisation of Rs 115.63 crore. The stock gave return of 67% in last 6-months, 41% in last 1-year, and solid return of 1451% in last 3-years. The stock jumped 400% in just 2-years.

Comfort Intech Ltd About: The Company is primarily focused in providing inter corporate loans, personal loans, loans against shares & securities, loans against properties, Mortgage Loans, Home Loans, trading in shares & securities and arbitrage business in stock and commodity market. The Company has positioned itself between the organized banking sector and local money lenders, offering the customers competitive, flexible and timely lending services, according to its official website.

Disclaimer: The stock fixed record date for stock split. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.