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A small cap company belonging to the financial sector has announced a stock split. This company is Sera Investments & Finance India Ltd which operates as a Non Banking Financial Company (NBFC). The company will split the shares among its eligible shareholders in the ratio of 1:5. Let us tell you that on Friday, the last trading day of the week, the shares of the company were trading at ₹ 274.15.
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This is the total market cap of the company
The company said in a stock exchange filing that it will split ₹10 per equity share into 5 shares of ₹2 each. Explain that the total market cap of the company is ₹ 274.15 crore. The company has given a return of 636.84% in the last 5 years. Whereas in the last 3 years the company has given 391.31% return to the investors and 386.11% in the last 1 year.
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The 52 week high of the stock is ₹368.85
The company’s shares were at a 52-week high of ₹368.85 on February 7, 2023. While the shares of the company touched its 52 week low of ₹48.55 on March 30, 2022. Talking about the current share price of the company, it is trading 25.67% below its 52 week high. While it is trading 464.67% above its 52 week low.