2600% return in 5-year! AGI Infra board declares 1:2 stock split

2600% return in 5-year! AGI Infra board declares 1:2 stock split

AGI Infra Ltd., a well-known brand in construction and real estate, announced a 1:2 stock split, which sparked a lot of market interest. Following the announcement, the company’s shares increased 2.61 per cent on Monday, closing at ₹1,650.50. This is the first time that AGI Infra has split its stock, a move meant to increase share liquidity and lower the company’s price for individual investors.

At 11:10 a.m. on November 3, the share price of AGI Infra was down 1.15 per cent, trading at ₹1628.60 on the BSEOverof five years, the price of AGI Infra’s shares has increased by over 260%.

The division of each equity share having a face value of ₹10 into two shares with a face value of ₹5 each was approved by the board. However, a postal vote by shareholders is required to approve the idea. After obtaining the required permissions, the record date for carrying out the stock split will be decided. The company reaffirmed its commitment to expanding market accessibility and boosting shareholder value through this endeavour in a formal exchange filing.

The Board of Directors considered “Approved Sub-division/ split of each equity share of the Company having a face value of Rs. Rs. of 10/- (Rupees Ten only) each, fully paid-up, into 2 (Two) equity shares having a face value of 5/- (Rupees Five only) each, fully paid-up. The sub-division/ split will be subject to the approval of the shareholders of the Company through a postal ballot process. The record date for the above sub-division/split of Equity Shares shall be decided after obtaining approval for sub-division/ split from the shareholders,” said AGI Infra in a stock exchange filing on Monday.

AGI Infra financial performance

This news follows AGI Infra’s impressive financial results. The company reported a 9.4% increase in net sales to ₹77.56 crore and a 20.4% increase in consolidated net profit to ₹17.45 crore during the second quarter of fiscal year 2025. The company’s portfolio is varied and includes both public infrastructure, such as schools and hospitals, and residential projects.

Over the last five years, AGI Infra’s stock has produced an outstanding return of 2600 per cent, underscoring its strong growth trend. Additionally, the stock increased 87% in 2024 alone. It is important to remember that AGI Infra falls under the Additional Surveillance Measures (ASM) framework’s Stage 1. This classification imposes a 5% daily price movement cap on the stock and forces investors to pay 100% upfront margins for trading.

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