Back-to-Back Lower Circuits in this Penny Stock Below Rs 25: Board Announces 1:5 Stock Split; Check Record Date Inside
The company has a market cap of Rs 55 crore and the stock is up by 70 per cent from its 52-week low of Rs 11.96 per share.
Laddu Gopal Online Services Limited, previously known as ETT Limited, has set Tuesday, June 24, 2025, as the 'Record Date' for a stock split. As approved by shareholders via postal ballot on June 13, 2025, every one equity share with a face value of Rs 10 will be subdivided into five equity shares, each with a face value of Rs 2. This adjustment aims to increase the number of shares outstanding while reducing their face value.
Earlier, the company had secured a significant order proposal from Chixin Technology Co., Limited, based in Hong Kong. This three-year contract, valued at approximately USD 7,500,000 (around Rs 65 crore), entails Laddu Gopal providing comprehensive digital media marketing and online marketing services. The scope of work encompasses a wide array of activities, including SEO, social media marketing, PPC advertising, content creation, email campaigns, website analytics, and detailed reporting.
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About the Company
Laddu Gopal Online Services Limited operates in the property development and allied services sector, concentrating on infrastructure projects within the NCR and CBZ zones of Delhi. Their diverse portfolio includes office complexes such as Express Trade Towers in Noida and Gurgaon, residential townships like Baba County, hospitality ventures such as Express Sarovar Portico, and warehousing facilities like Baba Vistas. Over the years, they have also completed projects like Baba Garnet Sheen and Baba Sapphire Crown. Their clientele includes prominent names such as Naukri.com, Yes Bank, ICICI Bank, Axis Bank, HDFC Bank, SBI Bank, Oracle, and Jubilant Foodworks, demonstrating their wide reach across various industries.
On Monday, shares of Laddu Gopal Online Services Ltd hit a 5 per cent lower circuit to Rs 20.33 per share from its previous closing of Rs 21.40 per share. The company has a market cap of Rs 55 crore and the stock is up by 70 per cent from its 52-week low of Rs 11.96 per share. In the recent trading sessions, the stock has been hitting back-to-back lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.