Multibagger IT stock with Three-Digit PE Ratio of 700; Board Announces Record Date For 2:1 Stock Split

The company has a market cap of over Rs 1,300 crore and the stock gave multibagger returns of 1,200 per cent from its 52-week low of Rs 10.83 per share with a PE of 700x.

Colab Cloud Platforms Limited, a dynamic player in the sports tech and gaming industry. The Board of Directors have considered and fixed Wednesday, May 21, 2025 as a Record Date for ascertaining eligibility of shareholders for sub-division/Split of equity shares of the company from 1 (One) equity share having face value of Rs 2 (Rupees Two only) each into 2 (Two) equity shares having face value of Re 1 (Rupee One only) each.

Colab Cloud Platforms Limited is a top 2000 company listed on the Bombay Stock Exchange. The company has been delivering innovative technological solutions across various sectors, leveraging its expertise in advanced technologies to drive growth and enhance user experiences. Colab Cloud Platforms Limited is dedicated to providing customised, technology-based processing solutions that help clients achieve their objectives and exceed expectations. Recognising India's rapid emergence as a global technology hub, Colab Cloud harnesses the nation’s diverse and talented professionals to contribute significantly to the development of the professional community

The company has a market cap of over Rs 1,300 crore and the stock gave multibagger returns of 1,200 per cent from its 52-week low of Rs 10.83 per share with a PE of 700x. Investors should keep an eye on this penny stock.

Disclaimer: The article is for informational purposes only and not investment advice.