AA Plus Tradelink has become a standout performer in the stock market, surging 140% year-to-date. This multibagger penny stock is not just a flash in the pan. It has consistently delivered strong returns, with shares climbing from ₹8.19 to ₹19.60 as of October 11. Investors are planning to invest in stocks that show such promising growth, especially as AA Plus Tradelink plans a stock split and a bonus share issue to enhance shareholder value.
Enhancing accessibility
The proposed stock split is designed to make it easier for investors to invest in stocks of AA Plus Tradelink by lowering the share price, which should also improve liquidity. With the company's share price recently locked at a 5% lower circuit, the upcoming corporate actions could provide a more accessible entry point for new investors.
Key takeaways
For investors eyeing penny stocks, AA Plus Tradelink is a compelling choice. Its strong performance and promising future potential make it a stock worth considering.