750% return in 1 year: This multibagger stock to trade ex-split, ex-bonus this week - check record date

The small cap company has yielded multibagger return, resulting in wealth gain for its investors. The stock has zoomed a whopping 750 per cent in the past one year.

Captain Pipes has yielded multibagger return, resulting in wealth gain for its investors. Image Soure: Pixabay

Captain Pipes Share Bonus, Split Record Date: Captain Pipes, a leading manufacturer and supplier of high-quality plastic pipes and fittings, has announced to split the company's equity shares and also issue bonus shares to its investors.

According to an exchange filing by the company, the board has announced stock split in 10:1 ratio and bonus shares in the ratio of 2:1.

"Sub-division of 1 Equity share of face value of Rs 10 each fully paid-up to 10 Equity shares of face value of Rs 1 each fully paid-up and Issue of 2 Bonus Shares for every 1 Equity Shares held by the Equity Shareholders of the Company," the filing said.

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Captain Pipes Split, Bonus Record Date

The company has fixed the March 3 as record date for determining the eligibility of shareholders for split and bonus shares.

The small cap company has yielded multibagger return, resulting in wealth gain for its investors. The stock has zoomed a whopping 750 per cent in the past one year. In the past 6 months, it has advanced 247 per cent. The stock's 52-week range is Rs 790 - Rs 72.

The stock quoted at Rs 725 apiece on BSE around noon on Monday. Captain Pipes has a market cap of Rs 337 crore, according to BSE data.

The company uses the latest technology and equipment to manufacture its products, ensuring that they meet the highest standards of quality and durability. It has a state-of-the-art manufacturing facility spread across an area of 62,000 sq. ft with a production capacity of 17,700 metric tons per annum. The plant is equipped with the latest German extrusion lines and Japanese injection molding machines to produce high-quality products.

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