Today in this article we know about a Multibagger Penny stock under Rs 80 ; Board announced stock split
Tejnaksh Healthcare Ltd. declared that the proposal of a sub-division/stock split of equity shares having a face value of Rs. 10 each fully paid up into equity shares having a face value of Rs. 5 each fully paid up at the record date to be determined yet was approved by the company’s board of directors.
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The company had previously declared bonus shares in 2018 and 2017, with a ratio of 36:10 in 2018 and a ratio of 1:1 in 2017.
|26/04/2018||Bonus issue 36:10|
|08/03/2017||Bonus issue 1:1|
Our product, “P-FLOW,” was introduced in the tank by the director, Dr. Preeti Rawandale, and the managing director, Dr. Ashish Rawandale. This was carried out in advance of the well-known Investors at Shark Tank, a well-liked Sony TV program that was broadcast on Sony Liv Entertainment Channel. They displayed P-FLOW, a device of ours that enables at-home prostate and urine infection diagnosis.
Tejnaksh Healthcare Ltd. shares soared 3.03 percent on Tuesday from their previous closing price of Rs. 71.73 to an intraday high of Rs. 73.90 a share. Shares of the business closed the day lower at Rs 69.97 a share, down 2.45% at the closing bell.
Tejnaksh Healthcare Limited is a hospital and healthcare provider with an emphasis on clinical services, diagnostic tools, and research in Maharashtra. On the BSE, the volume of the company’s shares increased by more than 1.06 times.
Tejnaksh Healthcare (BSE Script Code: 539428) has a market worth of Rs 71.07 crore and a 3-year CAGR of 17%, according to the financials. Both the company’s quarterly results (Q4) and its annual results (FY23) showed gains.
|Promoters Pledge Holding(Rs.Cr.)||—|
Shares of the company saw multibagger gains of 843.81 percent from Rs 7.83 per share to Rs 73.90 per share after the stock was listed on the BSE (Listing date: October 29, 2015). Traders ought to monitor this micro-cap stock.