Good Luck Steel Tubes fix date for 5:1 stock split -stock market high
Good Luck steel Tubes (manufacture of galvanized steel tubes and pipe) has news of stock split record date. Today BSE Sensex was up 145.02 points, or 0.99%, 14,810.94.Below are highlighted effect of the news on the stock -:
· The stock hit a high of Rs 173.45 and a low of Rs 169.05 so far during the day. The stock hit a 52-week high of Rs 503.70 on 15 September 2008 and a 52-week low of Rs 95.05 on 15 January 2009.
· The small-cap stock had underperformed the market over the past one month till 8 June 2009, rising 18% as compared to the Sensex’s return of 23.49%. It had also underperformed the market in the past one quarter, falling 9.50% as compared to the Sensex’s return of 76.15%.
· The company’s current equity is Rs 3.74 crore. Face value per share is Rs 10.
· The current price of Rs 173.45 discounts the company’s Q3 December 2008 annualized EPS of Rs 19.08, by a PE multiple of 9.09.
· Good Luck Steel Tubes has fixed 19 June 2009 as the record date for 5-for-1 stock split. The company fixed record date after trading hours on Monday, 8 June 2009.
· Good Luck Steel Tubes’ net profit declined 47.5% to Rs 1.76 crore on 36.2 rise in net sales to Rs 110.08 crore in Q3 December 2008 over Q3 December 2007.
· On BSE, 17,337 shares were traded in the counter. The stock had an average daily volume of 24,383 shares in the past one quarter.
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Can you tell me how much low the stock will go? I am interested to but it at low level.
Thanks