10000 Per Cent Multibagger Returns; Board Likely to Announce Stock Split and Dividend
The stock has given multibagger returns of 650 per cent from its 52-week low of Rs 241.50 per share and a whopping 10,000 per cent in 10 years.
Indo Thai Securities Limited announced that its 371st Board of Directors' Meeting will be held on Friday, May 30, 2025, at its Registered Office in Indore. The agenda for the meeting includes the consideration and approval of the Audited Standalone and Consolidated Financial Results for the fourth quarter and fiscal year ended March 31, 2025. The Board will also review the Audit Report from Statutory Auditors for the same period. Additionally, they will discuss and potentially recommend a Final dividend for FY 2024-25. A significant item on the agenda is the proposal to consider and approve the sub-division/ stock split of the company's equity shares, currently valued at Rs. 10/- each, subject to shareholder and regulatory approvals.
Incorporated in 1995, Indo Thai Securities Ltd operates as a prominent stock and share brokerage firm, serving as the central entity within the larger Indo Thai Group, which comprises 16 companies. This group extends its services to a diverse clientele, including corporate clients, individuals, and retail investors, across more than 60 locations throughout India. The company holds key memberships, enabling it to provide comprehensive broking and clearing services in the Capital and Derivatives Segments as a member of NSE, BSE, MSEI, MCX, and NCDEX. Additionally, it functions as a Depository Participant of CDSL and offers mutual fund services as an AMFI member.
DSIJ’s 'Tiny Treasure' service recommends researched Small-Cap stocks with Inherent Growth Potential. If this interests you, download the service details here.
The company has a market cap of over Rs 1,800 crore. The shares of the company have a PE of 140x, an ROE of 23 per cent and an ROCE of 28 per cent. The stock has given multibagger returns of 650 per cent from its 52-week low of Rs 241.50 per share and a whopping 10,000 per cent in 10 years.
Disclaimer: The article is for informational purposes only and not investment advice.