Small Cap Stock With Over 1700% Return In 3 Years Fixes Record Date For 1:10 Stock Split

Tips Industries Ltd in its Board meeting held today, April 03, 2023, announced the "Record Date" for the 1:10 stock split as April 21, 2023. Tips Industries is an Entertainment sector small-cap stock having a market capitalisation of Rs 2,010.01 crore.

Fixes Record Date For 1:10 stock split

According to the regulatory filing by the Board of Directors of Tips Industries Ltd, "In terms of Regulation 42(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors of the Company, at its meeting held on April 3, 2023, has fixed Friday, April 21, 2023 as the Record Date for the purpose of determining the eligibility of Shareholders with regard to sub-division /split of every 1 (One) equity share having face value of Rs. 10/- (Rupees Ten Only) each, fully paid-up into 10 (Ten) equity shares having face value of Re. 1 (Rupee One Only) each fully paid-up, as approved by the shareholders through Postal Ballot by way of electronic means on March 27, 2023.

Stock Performance

The stock of Tips Industries is currently trading at Rs 1,555 apiece, up 6.48% compared to the previous close. Its 52 week low is Rs 1,250.10 apiece and 52 week high is Rs 2,368 apiece, respectively. It surged 6.02% in the past 1 week, and 4.23% in the past 1 month, respectively. It declined 30.67% in the past 1 year. In the past 3 years, it has given 1719.24% positive returns and 1429.41% in the past 5 years, respectively.

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