Multibagger penny stock under Rs 20; Board likely to announce 1:10 stock split; Trades at low PE

DSIJ Intelligence-1 / 27 Jul 2025/ Categories: Bonus and Spilt Shares, Multibaggers, Penny Stocks, Trending

Multibagger penny stock under Rs 20; Board likely to announce 1:10 stock split; Trades at low PE

From Rs 1.85 to Rs 16.73 per share, the stock gave multibagger returns of over 800 per cent in 5 years.

Titan Intech Limited informed that the meeting of the Board of Directors of the company will be held on Thursday, July 31, 2025, inter alia to consider and approve the following:

  1. Unaudited financial results for the Quarter ended June 30, 2025.
  2. Limited review report on unaudited financial results for the quarter ended June 30, 2025.
  3. To consider and approve the sub-division (split) of the face value of the existing equity shares of the Company from Rs 10 each to Re 1 each, under the provisions of Section 61 of the Companies Act, 2013.
  4. To increase the authorised share capital of the company and subsequently alter the capital clause of the MOA.
  5. To consider and fix the date, time, venue and mode of conducting the 41st Annual General Meeting and approve the Director’s report along with annexures.  
  6. To consider and approve the Book closure for the 41st Annual General Meeting.
  7. To transact other incidental and ancillary matters as may be decided by the board with the permission of the chairperson.

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About the Company

Established in 1984, Titan Intech Ltd (TIL) has emerged as a leading player in the realm of IT and data centre solutions. Initially focused on manufacturing threads, TIL strategically shifted its focus to the IT sector, forming alliances with industry experts. Today, the company offers a comprehensive range of services, including cloud solutions, disaster recovery, managed services and robust security measures.

TIL's commitment to excellence is evident in its diverse clientele, which includes prominent names such as Ajel Limited, Bridgetown Consulting Group, and Global Data Tek. By providing reliable and efficient IT infrastructure and data centre solutions, TIL has earned the trust and loyalty of its customers, solidifying its position as a trusted partner in the industry.

On Friday, shares of Titan Intech Ltd surged 1.83 per cent to Rs 16.73 per share from its previous closing of Rs 16.73 with an intraday high of Rs 16.75 and an intraday low of Rs 16.25. The stock’s 52-week high is Rs 49.29 and its 52-week low is Rs 11.32. The shares of the company have a PE of 13.3x whereas the industry PE is 33x. The company has a market cap of over Rs 50 crore. From Rs 1.85 to Rs 16.73 per share, the stock gave multibagger returns of over 800 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.