AA Plus Tradelink, a notable penny stock, is set to undergo a significant stock split, dividing its shares into 10 parts. The company’s board has finalized the record date, drawing attention from investors eyeing high-growth potential in the penny stock segment.
Stock Split Details
- Face Value Adjustment: The face value of the stock will be reduced from ₹10 to ₹1 after the split.
- Record Date: The record date for this stock split has been set as January 8, 2025. Investors holding the stock before this date will benefit from the split.
Stock Performance: A Consistent Performer
AA Plus Tradelink’s shares have demonstrated resilience and growth:
- Friday Performance: Shares hit an upper circuit of 5%, closing at ₹13.70 on the BSE.
- Annual Growth: The stock has surged by 67% in the last year.
- Two-Year Return: Over a two-year period, the stock has rewarded investors with 140% returns.
- 52-Week Range: High of ₹26.88 and low of ₹7.01.
Promoter Holdings: A Notable Decline
Promoter holdings in the company have decreased significantly over recent quarters:
- March 2024: Promoters held 21.32%, while public shareholders had 78.68%.
- September 2024: Promoter holdings dropped to 6.74%, with public shareholding rising to 93.26%.
What the Stock Split Means for Investors
The stock split aims to improve liquidity and make the shares more affordable for retail investors. With its growing public interest and promising stock performance, AA Plus Tradelink could attract more participation from investors looking for high-potential penny stocks.
The upcoming record date and positive market sentiment present a pivotal moment for AA Plus Tradelink, setting the stage for further developments in its trading trajectory.
