In an exciting development for investors, Mrugesh Trading Ltd, a lesser-known penny stock priced below ₹5, saw a significant surge of 5% during intraday trading on Tuesday. This uptick followed the company’s announcement regarding a stock split, which has generated considerable interest among traders.

Mrugesh Trading’s Stock Split Announcement

On March 24, 2025, Mrugesh Trading Limited disclosed details of its Board of Directors meeting, where they approved a sub-division of equity shares. The company plans to reduce the face value of its shares from ₹10 each to ₹1 each. This move is pending approval from regulatory authorities and shareholders during an upcoming Extra-Ordinary General Meeting.

• The stock split aims to enhance liquidity and attract a broader base of investors.
• Approval from stakeholders is essential for the plan to take effect.

Expansion Plans of Mrugesh Trading

The board meeting also revealed Mrugesh Trading’s ambitious plans to diversify its operations. The company is set to explore various sectors, including:

• Agriculture: Focusing on the cultivation and management of crops, fruits, vegetables, and herbs, alongside developing forestry and horticultural projects.
• Real Estate: Engaging in activities related to the development, construction, acquisition, and management of residential, commercial, and industrial properties.

This strategic diversification could position Mrugesh Trading as a versatile player in multiple industries, enhancing its growth potential.

Stock Performance Overview

On Tuesday, Mrugesh Trading shares opened at ₹4.63 on the BSE, marking an increase of nearly 5%. The stock maintained its trading price of ₹4.63 throughout the day, reaching the circuit limit, showcasing strong investor interest.

About Mrugesh Trading Limited

With a market capitalization of approximately ₹0.11 Cr and listed under the BSE ticker 512065, Mrugesh Trading Limited primarily focuses on investment activities. For more information about the company and its ventures, visit their official website at mrugeshtrading.com.

In summary, Mrugesh Trading’s strategic stock split and expansion into agriculture and real estate reflect its commitment to fostering growth and enhancing shareholder value. Investors keen on penny stocks should keep a close eye on this evolving company.