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Penny stock hit fresh 52-week-low as Board declares record date for stock split

Shree Protections Restricted is a Little Cap organization having a market cap of 77.09 Cr and the organization works in the monetary area as a Non-Banking Monetary Organization (NBFC). The organization is recorded on the Bombay Stock Trade Restricted as well as the Calcutta Stock Trade Restricted. Portions of Shree Protections finished at a 52-week low on the BSE on Friday, after the board reported record date for stock split.

Penny stock:

“In compatibility of our notification dated thirteenth Walk, 2023 and in consistence with Guideline 42 of the SEBI (Posting Commitments and Exposure Necessities) Guidelines, 2015 and as per Area 91 of the Organizations Act, 2013, the Individuals from the Organization thusly illuminate that the Organization will buy in for Rs. has fixed the record date for sub-division of Value Offers in the presumptive worth of Rs.10/ – to Rs.1/ – each. The subtleties of the equivalent are as per the following:

Scrip Code: 538975

Objective: Sub-division of value portions of presumptive worth of Rs. 10/ – to Re. 1 each

Record date: April 6, 2023

ISIN: INE397C01018,” Shree Protections said in a stock trade documenting.

During the quarter finished December 2022 the organization detailed a total compensation of Rs 0.13 crore as against 0.12 crore during the quarter finished December 2021. Organization posted net cost As against 0.01 Cr during Q3FY23 0.07 crore during Q3FY22. Shree Protections said its EBIT remained at Rs 0.12 Cr during Q3FY23 0.06 crore in similar quarter of FY2012 and its net benefit came to When contrasted with 0.12 Cr during Q3FY23 0.06 crore was accounted for during the year-prior quarter. Shree Protections’ EPS for Q3 FY2023 remained at Rs 0.02 0.01 during Q3FY22.

Portions of Shree Protections shut at a new 52-week low on BSE on Friday Shuts down at 9.66, which is 4.92% lower than its past close 10.16. The stock enrolled a total volume normal of 11,84,408 offers and a deliverable volume normal of 6,61,659 offers or 55.86%. In most recent 1 year, the stock has fallen 58.68% and on YTD premise it has fallen 56.49% in 2023 up to this point. The stock has contacted a 52-week high. 34.05 (06/12/2022), showing that subsequent to denoting a 52-week low on Friday, the stock was seen exchanging down 71.62% from its 1-year high. During Q3FY23, the organization enrolled an advertiser shareholding of 30.63% and public shareholding of 69.37%.Know your inward financial backer
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