Midcap Pharma Stock Fixes Record Date For Stock Split On Sept 18, Scrip Up 7.49% In 1 Week

Midcap Pharma company J B Chemicals & Pharmaceuticals Ltd. has fixed the record date for Stock Split/Sub-Division as Monday, Sept 18, 2023. The board has recommended stock split of 1 equity share of Rs 2 each into 2 equity shares of Re 1 each.

"The Company has fixed September 18, 2023 as record date, to ascertain eligibility of the beneficial owners/shareholders of the Company for the purpose of Split/ Sub-Division of 1 equity share of Rs. 2/- each into 2 equity shares of Re. 1/- each," the board said in a filing.

J B Chemicals & Pharmaceuticals' shares on Tuesday closed 2.34% lower at Rs 2,851.25 per share on BSE. The stock hit an intraday high of Rs 2,930 and an intraday low of Rs 2,829.55 on BSE.

It gained 7.49% in 1 week, while it gained 18.13% in 1 month. In 1 year, it gave 58.55% return in 1 year, and 69.91% return in 2 years. In 3 years, it gave 256.67% return in 3 years. In 5 years, it gave 751.88% return in 5 years.

The stock hit its 52-week high on Aug 28, 2023, at Rs 2,935 per share and 52-week low on Aug 29, 2022, at Rs 1,604.35 per share. The market cap of the stock is Rs 22,086.93 Crore.

Disclaimer

The stock just highlights the Stock-Split and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.