In an exciting development for investors, Kiduja India Limited, an NBFC stock trading under Rs 500, has announced a 1:10 stock split. This strategic move aims to enhance liquidity and attract retail investors. Let’s dive into the details of this announcement and the company’s recent performance.

At its board meeting on January 7, 2025, Kiduja India Limited finalized the record date for its stock split. Each equity share with a face value of Rs 10 will be split into 10 fully paid-up equity shares with a face value of Rs 1.

• Record Date: Friday, January 31, 2025.
• Objective: To improve affordability and boost trading activity among retail investors.

This announcement has generated buzz, positioning Kiduja India as a potential favorite for investors seeking long-term growth opportunities.

About Kiduja India Limited

Established in 1985, Kiduja India Limited is a Non-Banking Finance Company (NBFC) focused on equity market investments. Registered with the Reserve Bank of India (RBI) and listed on the Bombay Stock Exchange (BSE), the company has consistently delivered value to its shareholders through strategic financial decisions and investments.

Kiduja India Share Price and Performance

While the stock has witnessed a declining trend in recent months, its long-term returns are impressive:

• 3-Month Return: -4.14% (as of January 9, 2025).
• 1-Year Return: 125%.
• 5-Year Return: 1394%.

On Thursday, Kiduja India shares showed a slight 1.10% gain, closing at Rs 409 per share, compared to the previous day’s close of Rs 405.

Kiduja India Financial Highlights

Kiduja India’s financial performance reflects steady growth and a robust foundation:

• Q2 FY25 Revenue: Rs 10.38 crore (up from Rs 8.83 crore in Q1 FY25).
• Net Profit: Rs 6.08 crore.
• Earnings Per Share (EPS): Rs 25.32.

The consistent rise in revenue and profitability underscores the company’s ability to navigate market fluctuations effectively.

Conclusion

The 1:10 stock split marks a significant milestone for Kiduja India Limited, making its shares more accessible and potentially increasing liquidity in the market. Coupled with its strong financial performance and impressive long-term returns, Kiduja India is a compelling choice for investors looking to capitalize on growth opportunities in the NBFC sector.