Multibagger stock: Knowledge Marine & Engineering Works share price has emerged over 3,500% over three-year period. Since its debut in March 2021, investors have witnessed a 40.5 lakh increase in value. However, in today’s volatile session, Knowledge Marine share price was trading marginally lower. Knowledge Marine & Engineering Works shares opened at an intraday high of ₹1.375 on BSE, the stock touched an intraday low of ₹1,321.50.
Knowledge Marine & Engineering Works was listed on BSE SME on March 22, 2021. The stock opened with a mere premium of 2.7% at ₹38, as against the issue price of ₹37. Knowledge Marine share price closed with a listing gain of 3.4%.
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The company said in a recent exchange filing on Tuesday that, subject to shareholder approval, the Board of Directors has reviewed and approved the migration of the company’s equity share listing and trading from Small and Medium Enterprises of Bombay Stock Exchange Limited (“BSE SME” ) to the Main Board of Bombay Stock Exchange Limited (“BSE”). Additionally, subject to shareholder approval, the direct listing and trading of the company’s equity shares on the National Stock Exchange Limited (NSE) was approved.
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