Shares of BCL Industries surged about 9 per cent on Friday to hit an all-time high of Rs 59.40 on Friday with total market capitalization of more than Rs 1,500 crore.
The company board of BCL Industries had approved the sub-division of equity shares in May 2023, along with its results for the March 2023 quarter results.
Shares of BCL Industries were trading slightly lower on Monday, dropping about a per cent to Rs 490, with a total market capitalization of the company stood close to Rs 1,200 crore.
Shares of BCL Industries have delivered multibagger returns to the investors as they have gained more than 1,550 per cent from its covid-19 lows around Rs 28.