Trending Penny Stock!
One of the most well-known intraday trading penny stocks in the stock market is Global Capital Markets.
6113% profit in 5 years!
Not for nothing, 6000% profit in 3 years. In the last 6 months alone, the stock has registered a gain of around 247% and a gain of 534% in one year. Also the company has given its investors 1814% profit in last 2 years and 6113% profit in last 5 years.
Stock Price- 52 Week Highs and Lows!
The stock traded at a 52-week high of Rs.45.00 and a 52-week low of Rs.3.79. The company is currently trading at Rs 33.16 per share, up 4.97%.
Record Date For Stock Split, Bonus Issue!
According to a report submitted by the Board of Directors of the company to BSE, under Rule 42 of SEBI LODR Regulations, 2015, each Rs. 10/- to Rs. It has fixed the record date of April 20, 2023 for allotment of equity shares of face value up to 1/- and issue of bonus equity shares in the ratio of 6:10.
What is bonus share?
Bonus shares are additional shares issued by the company to existing shareholders at no additional cost based on the number of shares held by a shareholder. These are paid to the shareholders from the accumulated earnings of the company.
Stock Spilt
When a company announces a stock split, the number of shares of the company increases, but the market cap remains the same. This means that the shares with you are divided, but the underlying value remains the same.
Global Capital Markets Ltd
The company was listed on the stock exchange on 20 February 1989. It was in 1995 Rs. 400.00 lakhs issued in initial public offering (IPO). It was oversubscribed by 14.63 times.
The Company is registered as a Non-Banking Financial Company (NBFC) with the RBI. The company is engaged in the business of investing in stocks and bonds and provides funds on both short-term and long-term basis, according to its official website.
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