Multibagger SME stock turns ₹1.50 lakh of IPO allottees into ₹51L in 9 yrs
Tue, Nov 26, 2024 2:53 PM

Multibagger SME stock turns ₹1.50 lakh of IPO allottees into ₹51L in 9 yrs

A Flip by Avya Verma
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Hi-Tech Pipes announced a stock split in January 2023, reducing the face value of each share from ₹10 to ₹1, effectively splitting one share into ten. The record date for the split was set as March 17, 2023. This move aimed to enhance stock liquidity, make shares more affordable to small investors, increase public participation in shareholding, and widen the shareholder base.

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