1700% Rally: Penny Stock Hits 20% Upper Circuit As It Trades Ex-Bonus, Ex-Split

Shares of small cap stock, IFL Enterprises Ltd hit 20% upper circuit as the stock trades ex-bonus and ex-split on Friday. The stock hit upper circuit on April 21 when the stock price surged to Rs 16.00 apiece. The current market price of IFL Enterprises is Rs 15.15 per share on BSE. The stock also traded its new 52-week high on April 21. The stock gave a return of 3687% in last 3-years. Check details below:

IFL Enterprises Ltd Trades Ex-Bonus, Ex-Split: According to the BSE filing of the company, the Board of Directors of the Company fixed 21st April 2023 as the "Record Date", for the purpose of Sub-division of Equity Shares in the proportion of 1:10 and bonus shares in the proportion of 1:4.

IFL Enterprises Ltd Stock Performance & Return: Current market price of IFL Enterprises is Rs 15.15 per share on BSE. The stock's 52-week high price is Rs 16.00 per share and 52-week low price is Rs 2.21 per share, respectively. The stock touched its new 52-week high on Friday. The stock gave 95% return in last 6-months, 484% return in last 1-year, 1703% return in last 2-years, and 3687% return in last 3-years.

IFL Enterprises Ltd About: IFL Enterprises Limited is involved in the business of acquisition, trading of shares, stocks, bonds, and trading of Paper, Stationery items etc. It is also engaged in the business of all kinds of Paper and other similar products.

Disclaimer:The stock traded ex-bonus and ex-split on April 21, 2023. 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.