New Delhi. Areya Lifespaces has created a stir in the Indian stock market with its tremendous performance. This small-cap stock has given investors a return of more than 1700% in 2024. The company has announced a 1:10 stock split, in which 1 share of ₹ 10 face value will be divided into 10 shares of ₹ 1 face value. This step has been taken to attract small investors and increase liquidity.

This stock has proved to be a multi-bagger for long-term investors. It has given a return of 27,600% in the last five years. Investors are expecting new opportunities after the stock split, due to which it remains the center of the market.

Areya Lifespaces has taken the Indian stock market by storm
in 2024. This small-cap stock has given a return of over 1700% on a YTD basis. On Friday, the stock closed at ₹ 2,101.10. The stock has gained 27,600% in the last five years, making it an attractive option for investors.

Stock split announced
The company has announced a 1:10 stock split. Under this decision, 1 share with a face value of ₹10 will be divided into 10 shares of a face value of ₹1. This process will come into effect on 6 December 2024.

Key figures

Performance since the beginning of this year: +1700%
Last six months: +175%
52 Week High: ₹3169
52 Week Low: ₹69.59

Company's Viewpoint
The company board believes that the stock split will increase the liquidity of the shares and it will attract small investors. This step has been taken due to the continuous increase in the share price.

The future
of Areya Lifespaces shares has given unmatched returns to long-term investors. However, it will be interesting to see what impact the stock split has on its performance. This multi-bagger stock is now a hot topic of discussion among investors.