Stock Breakdown: Shares of small company Eraaya Lifespaces opened a gap of Rs 2204 against the previous close of Rs 2101.10 on the BSE. This is a 4.9 percent gain from the previous period. However, later on it declined to touch a low of Rs 1,997. Last seen, the counter was trading at Rs 2021.
Share Price History
As per BSE analysis, the counter has delivered multibagger returns of 2691 percent in one year. The stock has increased more than 24516 percent in the last two years and 27210 percent in three years. It has already gained 1,638 percent so far this year.
At that time, the company informed the exchange that the board of directors has approved the stock split and has set a record date for this action by the company.
Stock Split: Record Date
According to the exchange filing, the company will split the equity shares in the ratio of 10:1. It means that each share of face value of Rs 10 will be divided into 10 shares of Re 1 each.
It decided December 6 as the record date to identify the eligibility of shareholders for this business transaction.
Meanwhile, the benchmark equity indices Sensex and Nifty rallied in early morning trade on Monday, helped by the board meeting and the BJP’s stunning performance in Maharashtra winning a record number of seats to propel the Mahayuti party-led coalition. victory with glory.
Extending its sharp rally of the previous day, the BSE benchmark Sensex jumped 1,289.89 points to 80,407 in early trade. The NSE Nifty rose 405.25 points to 24,312.50.
From the 30-share Sensex pack, Mahindra & Mahindra, Larsen & Toubro, State Bank of India, Reliance Industries, ICICI Bank and Bajaj Finance were the top gainers.
JSW Steel and Infosys were the laggards.
The BJP on Saturday pulled away from Maharashtra winning more seats to propel the Mahayuti party-led coalition to a landslide victory while the INDIA bloc returned to power in Jharkhand after a stunning JMM show. .
