3 stocks with 1 year return of up to 160% going to turn ex-split this week

A stock split is a corporate action that reduces the face value of each share while increasing the number of shares outstanding by issuing additional shares to existing shareholders. Usually, companies announce stock splits to make it easier for investors to trade and lower the price of shares by increasing liquidity. The percentage that each shareholder owns or the overall value of the business are unaffected by a stock split. The company’s overall market value remains unchanged following the stock split because it only increases the number of outstanding shares while decreasing the price per share. The dates of the record and the ex-split ought to be known to investors. The pre-split date indicates that the split has been completed and the newly split shares have begun trading, while the record date is the day a shareholder’s name must appear in the company’s record books to be eligible for a stock split. The newly divided shares began trading on the stock market for the first time today. Market participants can keep an eye on these three stocks, all of which will trade pre-split this week.

Bharat Agri Fert & Realty Limited Bharat Agri Fert & Realty Limited is a Small Cap company that operates in the Commodity Sector and has a market capitalization of 545.44 Cr. In 1962, the company went public and became listed on the Bombay Stock Exchange. It is one of the leading producers of NPK fertilizers, primarily powdered and granular SSP fertilizers.

“The company has set Thursday, March 30, 2023, as the record date for the subdivide of one equity share with a face value of Rs. In a stock exchange filing, the Agriculture Board of India stated, “10/- each (Rupees Ten only) fully paid-up in 10 (ten) Equity Shares of Re 1/- each (Rupee One only) fully.”

On Friday, Bharat Agri Fert and Realty Limited shares closed at 1031.95 per share on the BSE, down 1.76 percent from the previous close of 1050.45. The stock hit a 52-week high of 1,215.00 on January 27, 2023, and a 52-week low of 369.00 on July 29, 2022. The stock has increased 161.20% in the past year, and so far in 2023, it has increased 2.96 percent year to date.

“Weak fundamentals in terms of profit margins and poor return ratios coupled with very high inventory days make India Agri Fert & Realty a risky proposition,” stated AR Ramachandran, Co-Founder & Trainer – Tips2trades, regarding the stock’s technical outlook. Make a move to buy. Positive reversal Technically, previous buy positions should be exited upon any rebound between 1160 and 1200. The support level will be 990.”

Artemis Electricals & Projects Limited Artemis Electricals & Projects Limited is a capital goods-focused Small Cap company with a market capitalization of 294.09 Cr.

“For the purpose of determining whether shareholders are eligible for the sub-division of Ordinary (Equity) Shares of face value, the Company has designated Friday, March 31, 2023, as the “Record Date.” “As approved by the shareholders at the company’s 13th Annual General Meeting to be held on September 30, 2022,” Artemis Electricals & Projects Ltd.’s board of directors stated in a stock exchange filing, “10/- (Rupees Ten) each in equity shares of face value 1/- (Rupee One).

Friday, shares of Artemis Electricals & Projects were down 1.26 percent from their previous close of 118.65 at 117.15 each level on the BSE. The stock hit a 52-week high of 126.75 on February 2, 2023, and a 52-week low of 41.25 on July 7, 2022. The stock has gained 122.72% in the past year, and 2023 has gained 80.09% so far this year.

“Inconsistent financials in terms of profitability, along with mounting debt burden, makes Artemis Electricals a risky buy,” AR Ramachandran said regarding the stock’s technical outlook. Actually, financial backers ought to be wary at current levels or even That ought to leave purchasing even on bob till 127. A correction in price until 72 seems likely.”

Avance Technologies Limited Avance Technologies Limited is a small-cap information technology company with a Friday closing Market Cap of 11.50 crores. In a stock exchange filing, the board that approved the 1:2 stock split stated that the company’s equity shares had been subdivided into one equity share with a face value of Rs. 10/- per share, paid in full in two Equity Shares with a face value of Rs. 5/- per unit when paid in full.

“The Board of Directors of the company has fixed Friday, March 31, 2023 as the’record date’ for determining the eligibility of shareholders for the purpose of sub-division/split of equity shares of the company,” according to a stock note from Avance Technologies. Filing in Exchange.

Friday’s close of Avans Technologies shares on the BSE was 0.58 per level, up 3.57 percent from the previous close of 0.56. The stock reached its 52-week high of 0.58 on March 24, 2023, and its 52-week low of 0.36 on February 6, 2023. The stock has valued 18.37% in most recent 1 year, and it has acquired 56.76% on YTD premise.