Vaxtex Cotfab(VCL) Share Price:
Vaxtex Cotfab Share Price | Tremendous ups and downs are being seen in the stock market. Some penny stocks have seen a strong storm during such times. One such penny stock that is trading in Boom is called ‘Vaxtex Coatfab Limited‘. In yesterday’s trading session, the shares of this company were trading with a gain of 15 percent, while on Wednesday i.e.
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February 8, 2023, the shares of ‘Vaxtex Coatfab Limited were trading at Rs.6.50 with a gain of 16.07 percent. However, in the last year, the shares of this company have fallen by 75 percent. The reason why the shares of this company are currently in discussion is that the company has announced the distribution of its shares. Today VCL Share Price is Rs 2.30.
Record Date of a Share Split:
The company ‘Vaxtex Coatfab‘ has declared the record date for its share split as February 15, 2023. Recently the company informed the stock exchange regulator SEBI that the company has approved the proposal to split its shares in the ratio of 1:2. This means that the shares of the company will be divided into 2 pieces. Companies split the stock to attract retail investors and increase the liquidity of the stock. There is no change in the portfolio of the investor.
Vaxtex Share Price:
Shares of Vaxtex Coatfab Company closed at Rs 5.60 in Tuesday’s trading session. The share price was 13.13 percent higher than the previous day’s closing price. The company’s share price hit a 52-week high of Rs 37.35. The 52-week low was Rs 4.55. Currently, Arock seems to be trading on the recovery track. The market capitalization of the company is Rs 2,810.97 lakh.
Vaxtex Coatfab Limited Company(VCL Share) is primarily engaged in the business of the textile sector. The company deals in dyeing and finishing raw fabrics for shirting, suiting, and accessories. The company is also involved in outsourcing to textile companies. The company has registered a profit in the financial results announced for the December 2022 quarter. The company has registered a profit of 366.67% more than its profit in the same quarter last year.
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