Introduction:
Infra stock has scheduled a Board meeting on December 2, 2024, to consider a potential stock split, pending regulatory approvals. The meeting will also cover other matters, with outcomes disclosed afterward. The trading window will be closed until 48 hours post-meeting.
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Share price movement of AGI Infra Ltd:
On November 25, 2024, AGI Infra Ltd opened at ₹1650.00, up 2.67% from ₹1607.05. The stock reached a high of ₹1698.90 (5.69%) and a low of ₹1591.00. By 4:00 PM, it traded at ₹1617.05, a 0.62% increase, with a market cap of ₹1,975.50 crore.
AGI Infra board meeting to consider stock split:
AGI Infra Limited has announced that its Board of Directors will meet on Monday, December 2, 2024, to consider the sub-division or stock split of the company’s equity shares. The decision will be subject to approval from members and relevant regulatory authorities.
In addition to the stock split, the Board will discuss other matters with the Chair’s permission. Further details regarding the meeting’s outcomes will be disclosed post-meeting, ensuring transparency for all stakeholders and investors of the company.
As per the company’s compliance with SEBI’s insider trading regulations, the trading window for dealing in AGI Infra Limited securities will remain closed from November 26, 2024, until 48 hours after the Board meeting’s results are declared.
Recent news on AGI Infra Ltd:
As of Nov 02, 2024, AGI Infra Ltd reached an all-time high of ₹1320, driven by a 20.77% rise over six days. The stock outperformed the sector by 6.66% and delivered a 110.11% return over the past year, surpassing the Sensex’s 24.81%.
Ace investor holding in AGI Infra Ltd:
Anita Sarna
Anita Sarna holds a 2.46% stake in AGI Infra Ltd, equating to 300,030 shares. These shares are valued at ₹48.5 crore. Her investment highlights confidence in the company’s potential and growth prospects in the real estate sector.
Shallu Chopra
Shallu Chopra holds a 1.34% stake in AGI Infra Ltd, owning 164,000 shares valued at ₹26.5 crore. Her investment reflects confidence in the company’s growth and its position in the real estate sector, further strengthening the company’s investor base.
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Stock performance of AGI Infra Ltd for Period of 1 week, 6 months and 1 year:
AGI Infra Ltd has shown impressive performance with a 6.86% return over the past week, 84.4% over the last six months, and a remarkable 152% return over the past year. This strong growth highlights the company’s consistent upward trajectory in the market.
Shareholding pattern of AGI Infra Ltd:
| All values in % | Sep 2024 | Jul 12, 2024 | Jun 2024 |
| Promoter | 72.90% | 72.90% | 72.90% |
| FII | 0.00% | 0% | 0% |
| DII | 0.00% | 0% | 0% |
| Public | 27.00% | 27.10% | 27.10% |
About the company AGI Infra Ltd:
AGI Infra Ltd (NSE: AGIIL) is a real estate company based in Jalandhar, Punjab, specializing in residential and commercial projects. Known for its affordable housing, innovation, and use of cutting-edge technology, it has projects like Jalandhar Heights and AGI Sky Villas.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
