By BullScreen Editorial Team 
Avro India Limited, a micro-cap consumer durables company specializing in plastic molded furniture, is in focus after its board approved a 1:10 stock split. The decision aims to make shares more affordable and boost market participation.
Under the proposed split, each equity share with a face value of Rs. 10 will be divided into 10 shares with a face value of Re. 1 each, subject to shareholder approval. Shareholders will see their total holdings increase tenfold, while the overall value of their investment remains unchanged. The record date for eligible shareholders will be announced after the necessary approvals are received.
Following the announcement, Avro India’s shares hit an intraday high of Rs. 121, up 0.83% from the previous close of Rs. 120. Currently, the stock trades at Rs. 116.15 per share, reflecting some profit booking by investors.
The company has reported steady financial growth in recent quarters. Revenue rose 19.19% from Rs. 20.90 crore in Q2 FY26 to Rs. 24.91 crore in Q3 FY26. Net profit grew 12.40% to Rs. 1.36 crore, compared to Rs. 1.21 crore in the previous quarter. Avro India’s earnings per share (EPS) stands at Rs. 2.72, with a return on equity (ROE) of 1.82% and a debt-to-equity ratio of 0.27.
Industry experts say the stock split could enhance liquidity and attract retail investors, especially in the consumer durables sector, where micro-cap stocks often see limited participation. If approved by shareholders, the split may lead to increased trading activity and wider market accessibility.