2025 Guide To 1:10 Stock Split: 31st January Record Date; Buying Opportunity?

2025 Guide To 1:10 Stock Split: 31st January Record Date; Buying Opportunity?

Kiduja India Limited (Kiduja) is an investment firm that was founded in 1985 and specialises in equity markets. Kiduja is a non-banking finance company that is listed on the Bombay Stock Exchange (BSE: KIDUJA) and is registered with the Reserve Bank of India. Following the company’s set record date for a 1:10 stock split, Kiduja India’s shares ended the day Friday 2.21% lower at Rs 400, with a market capitalisation of Rs 96.00 Cr.

Kiduja India Stock Split Record Date

“In terms of Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 [“SEBI (LODR), Regulations”] and rules made there under, we wish to intimate you that Kiduja India Limited (‘the Company’) has fixed Friday, 31st January 2025 as ‘Record Date’ for the purpose of determining the eligibility of shareholders of the Company for Sub-division/Split of each fully paid-up equity share having face value of Rs.10/- (Rupees Ten Only) each into 10 (Ten) fully paid-up equity shares having Face value of Re.1/- (Rupee One Only), as approved by the shareholders in the Annual General Meeting dated 26th September 2024,” said Kiduja India in a stock exchange filing.

Kiduja India Financials

In the September 2024 quarter, the company’s net sales were Rs 10.38 crore, increasing 0.52% from the September 2023 quarter’s Rs 10.33 crore. In Q2FY25, the company’s net profit was Rs. 6.08 crore, a 23.84% fall from Rs. 7.98 crore in Q2FY24. In the September 2024 quarter, EBITDA was Rs. 9.69 crore, a drop of 3.68% from the September 2023 quarter’s EBITDA of Rs. 10.06 crore.

Kiduja India Share Price Target

“Kiduja India stock price is bearish on the Daily charts with strong resistance at 432. A Daily close below support of 391 could lead to a target of 346 in the near term,” said A R Ramachandran, Independent Research Analyst.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.

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