Multibagger SG Mart hits an all-time high; soars over 2300% in one year

SG Mart Share Price: SG Mart hit an all-time high of Rs 10715.20 in morning deals on BSE on Tuesday (January 9, 2024) after the renewable energy generation services provider announced the split of equity shares and approved  bonus share issue.

The stock of the company was trading higher by 2.00 per cent, or Rs 210.10, at Rs 10715.20 at 11:17 am on Tuesday.

Why SG Mart is trading higher today

In a Board of Directors meeting on Monday, the firm gave the go-ahead to 1:10 sub-division/split of company’s equity shares - one equity share of the company having a face value of Rs 10 into 10 equity shares Rs 1 each- subject to the approval of shareholders.

SG Mart Stock Performance

The stock of the company has seen phenomenal rise in the last one year.

It has soared by 42.30 per cent in the last one month, while its rise in the six months is 371.69 per cent.

The stock has witnessed an outstanding growth of 2351.99 per cent in the last one year.

It has comprehensively outpaced the Nifty 50 index, which has risen by 3.26 per cent in the one month, 12.02 per cent in the six-month period and 19.78 per cent in the one year.