Multibagger Stock: Shares of smallcap company Mena Mani Industries (Mena Mani Industries) may see a boom today. The stock has rallied 164 per cent in the last one month and is now likely to split. Stock split may be decided today. The stock has given 240 per cent returns in the last one year. Smallcap company Mena Mani Industries told the stock market that its board meeting regarding share split will be held on June 12 in which a decision will be taken. Any decision to split the shares will be subject to the approval of the shareholders of the company.
Till the time of writing today, Mena Mani Industries share is trading at 41.71 with an upper circuit of 5 per cent. The stock today hit a 52-week high. Mena Gem Industries’ 52 week low of Rs. It’s 10.30. The market cap of the company is Rs 41.85 crore and the current PE ratio is 109.76. Today, as soon as the market opened, there was a boom in Mena Mani and immediately the share reached 41.71.
mena mani industries stock movement
Mena Mani Industries is one of the multibagger stocks which has recently entered the Indian stock market. The stock has gained from Rs 15.80 to Rs 41.71 in the last one month. That is, the price of this share has increased by more than 164 percent in a month. The stock has appreciated from Rs 14.40 to Rs 41.71 in the last six months. That is, this stock has gained 190 percent in a month. Looking at the year-to-date returns, at the beginning of January 2023, the stock was trading at 14.30. That is, there has been an increase of 191 percent in it.
A year ago this stock was running at 12.25 and now it has reached 41.71. That is, in a period of one year, the price of this share has increased by 240 percent. This share has only increased by 164 per cent in the last five years.
Due to the decision to split the shares of Mena Mani Ind today, investors have been very interested in this stock and the stock has gained 5 percent as soon as the market opens. This company is included in those stocks which have doubled their capital within a month.
