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This company is distributing shares in pieces, there is a competition to buy before the record date, the price is ₹ 35

by Aaryan Srivastav
September 14, 2024
share

Real Eco-Energy Stock: There was a rush to buy some penny stocks last Friday. One of these stocks is Real Eco-Energy Limited. After the announcement of the record date for the stock split, this stock rose by about 4 percent on Friday and the price crossed Rs 35. At the same time, the stock closed at Rs 33.60. The stock closed 2.66% higher than the previous day. The stock touched a 52-week high of Rs 43.89 in February 2024. The stock price was Rs 19.80 in October 2023. This is the 52-week low level of the stock.

when is the record date

In the Board of Directors meeting held last Thursday, the record date for the stock split of Real Eco-Energy Limited has been fixed as 4 October 2024. The company had approved the division/subdivision of each equity share of face value of Rs 10 into 5 equity shares. This means that one share will be divided into 5 pieces.

Shareholding Pattern

Talking about the shareholding pattern of Real Eco-Energy Limited, the promoter holds 25.25 percent stake. At the same time, the promoters hold 74.75 percent shares of the company. Patel Dharm Shwetank is the promoter of the company. He holds 50,50,000 shares of the company.

Market condition on Friday

Meanwhile, after reaching a record level a day earlier, the Indian stock market registered a slight decline on Friday. The Sensex closed at 82,890.94 points, down 71.77 points or 0.09 percent. During trading, at one point it fell 309.49 points to 82,653.22. The National Stock Exchange (NSE) index Nifty fell 32.40 points or 0.13 percent to 25,356.50. On a weekly basis, the Sensex rose 1,707.01 points or 2.01 percent and the Nifty rose 504.35 points or 2.02 percent.

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