AA Plus Tradelink Plans Stock Split and Bonus Shares After 140% Surge—What Investors Need to Know

AA Plus Tradelink, a multibagger penny stock, recently announced plans for a stock split and a bonus share issue on October 10. The company’s share price has risen about 140% year-to-date (YTD), according to BSE Analytics.

However, on Thursday, October 10, AA Plus Tradelink shares hit a 5% lower circuit and closed at ₹20.63.

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Share Price Performance

Since the start of the year, AA Plus Tradelink stock has jumped over 139%, rising from ₹8.19 to ₹19.60 on October 11. In the last year, it has increased by about 114%, marking it as a multibagger in 2024. Despite the recent drop, the shares are still 27% below their all-time high of ₹26.88, reached in July 2024. The stock has soared more than 180% from its 52-week low of ₹7.01, recorded in February 2024.

Purpose of Stock Split

The planned stock split aims to lower the share price, making it more affordable for retail investors. This move is expected to improve liquidity by increasing the number of shares available for trading, which can help reduce price fluctuations and make transactions easier.

The company stated that this announcement follows SEBI regulations regarding stock splits and bonus shares, and adheres to BSE disclosure guidelines to ensure that investors receive timely and accurate information.

Shareholder Involvement

The proposed corporate actions will be discussed at an Extraordinary General Meeting (EGM) or through a postal ballot, giving shareholders a chance to vote on the changes. More details about the meeting and voting process will be shared soon.

Company Overview

Founded in 2016, AA Plus Tradelink focuses on wholesale trading, supplying products like iron, steel, aluminum, and alloys. The company also provides installation services for aluminum windows and glass fittings. With a strong financial background, AA Plus Tradelink is committed to growth and creating value for its stakeholders.

AA Plus Tradelink, a multibagger penny stock, recently announced plans for a stock split and a bonus share issue on October 10. The company’s share price has risen about 140% year-to-date (YTD), according to BSE Analytics.

However, on Thursday, October 10, AA Plus Tradelink shares hit a 5% lower circuit and closed at ₹20.63.

Share Price Performance

Since the start of the year, AA Plus Tradelink stock has jumped over 139%, rising from ₹8.19 to ₹19.60 on October 11. In the last year, it has increased by about 114%, marking it as a multibagger in 2024. Despite the recent drop, the shares are still 27% below their all-time high of ₹26.88, reached in July 2024. The stock has soared more than 180% from its 52-week low of ₹7.01, recorded in February 2024.

Purpose of Stock Split

The planned stock split aims to lower the share price, making it more affordable for retail investors. This move is expected to improve liquidity by increasing the number of shares available for trading, which can help reduce price fluctuations and make transactions easier.

The company stated that this announcement follows SEBI regulations regarding stock splits and bonus shares, and adheres to BSE disclosure guidelines to ensure that investors receive timely and accurate information.

Shareholder Involvement

The proposed corporate actions will be discussed at an Extraordinary General Meeting (EGM) or through a postal ballot, giving shareholders a chance to vote on the changes. More details about the meeting and voting process will be shared soon.

Company Overview

Founded in 2016, AA Plus Tradelink focuses on wholesale trading, supplying products like iron, steel, aluminum, and alloys. The company also provides installation services for aluminum windows and glass fittings. With a strong financial background, AA Plus Tradelink is committed to growth and creating value for its stakeholders.