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BCL Industries shares rise 6% as company announces record date for stock-split

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.

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record date: BCL Industries to subdivide shares in 1:10 ratio; fixes October 27 as record date

"The Board of Directors of the company has passed the necessary resolution to fix the record date Friday, October 27 for the purpose of sub-division of every 1 equity share.into 10 equity shares.," the statement said.

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BCL Industries Ltd fixes Oct 27, 2023 as record date for stock split

BCL Industries Ltd fixes Oct 27, 2023 as record date for stock split
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bcl industries share price: Stock Radar: Breakout from Cup & Handle pattern hints at this smallcap stock s potential for further rally

BCL Industries has a market capitalisation of over Rs 1300 crore on the BSE and trades with a P/E multiple of 20.02x and an earnings per share (EPS) of 27.80, BSE data showed. The daily Relative Strength Index (RSI) is at 71.8. RSI above 70 is considered overbought. This implies that the stock may show pullback. The daily MACD is above its center and signal line — this is a bullish indicator

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BCL Industries shares: Here s why InCred Equities see more steam left in this multibagger counter

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.

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