1. Alfavision Overseas (India) Limited Announces Stock Split

The board, in its ESB filing, said: “In accordance with Regulation 30(2) of the Securities and Exchange Board of India (Registration and Disclosure Requirements) Regulations 2015, we wish to inform you that the board of directors of the company at their meeting held today, i.e. Friday, July 8, 2022, among other things approved the following sub-division/split of the equity shares of the company with a value nominal value of Rs. 10/ each in equity shares with a nominal value of Rs. 1/ each pursuant to Section 61 (1) (d) of the Companies Act 2013, subject to regulatory/statutory approvals requirements and the approval of the shareholders of the Company. is attached hereto as “Appendix 1”.

Hence, the division of shares of equity shares shall take place from the par value of Rs 10/each into equity shares of par value Re 1 in the ratio of 10:1.

2. Alfavision Overseas (India) Limited Stock Outlook

The current market price of the stock is Rs 153.30 apiece and it gained 0.69% in yesterday’s trading. The 52-week high is Rs 153.35 and the 52-week low is Rs 36.90 each. It recorded strong annual EPS growth. It has a PE of 23.44 which is lower than the sector’s PE of 32.84. It gave a return of 268% in 1 year and 159% in 5 years.

3. Presentation of Alfavision Overseas (India) Limited

It reported a consolidated total revenue of Rs 69.21 crore, with an increase of 18% for the quarter ended March 31, 2022 from Rs 58 crore reported last quarter. The company reported a net profit after tax of Rs 1.19 crore in the last quarter.