look news india
BN Rathi Securities Ltd has decided to offer stock split and bonus shares to its shareholders. The company has announced the record date in this regard, which is at the end of this month.
Stock Split and Bonus Details
The company has said that January 24, 2025 has been fixed as the record date for stock split and bonus shares.
- Stock Split:
- A share with face value of Rs 10 will be divided into 10 parts.
- After this process the face value of each share will reduce to Re 1.
- Bonus Share:
- The terms of bonus share distribution will be applicable after the record date.
Performance of BN Rathi Securities in the stock market
Shares of BN Rathi Securities have given excellent returns to investors in the last few years.
- In 6 months: Share price jumps by more than 80%.
- In 1 year: 176% return to investors.
- In 3 years: Share price up more than 600%.
- In 5 years: Share value increased by more than 1800%.
The company’s 52-week high is Rs 291, while the lowest is Rs 86.65.
At market close on Friday, shares of BN Rathi Securities closed at Rs 266.95, down 2.45%.
Company’s market cap and future prospects
The total market cap of BN Rathi Securities is Rs 276 crore. The company’s stock performance remains attractive for long-term investors.
opportunity for investors
Stock split and bonus shares are likely to increase the liquidity of the company’s shares and investors will get more stakes. Ahead of the record date on January 24, 2025, this could be an important opportunity for investors.