The shares of a very small company in terms of market cap have given huge returns to its shareholders. We are talking about Growington Ventures Limited, whose mcap is still just less than Rs 300 crore, but which has given returns of up to 5 times to its shareholders within a year.
From Rs 44 to Rs 236. Journey to Rs.
The price of one share of Growington Ventures is currently Rs 184.70. It was up by more than 1.50 percent in afternoon trade. Currently its mcap is only Rs 296.70 crore. In the last one year, it has touched a high level of Rs 236, while the low level has been Rs 44.11. In this way, its price has increased by 5.35 times in a year.
265% stronger even after correction
In the last 5 days, the price of this share has increased by about 5%. There has been a rise. However, the stock has fallen by more than 16 percent in a month. Its price is up by seven percent in 6 months, whereas even after the recent correction in one year, this share is still in profit of more than 265 percent.
Its shares are going to be split
Its shares are going to be split
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Now the shareholders of Growington Ventures are going to get another benefit. The number of shares already held by all its existing shareholders is going to increase. This share is going to be split, for which the date of ex-split has been fixed as 31st January. Its split is taking place in the ratio of 1:10. That means, those who currently have 1 share of this company will have 10 shares. However, the overall value will not be affected. This will simply increase the quantity.
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