Bonus shares, stock split effect: Investing in stocks is like investing in a business. The board of directors of the SME company declared 6:11 bonus shares and a 1:10 stock split in March 2024. Bonus shares, stock split effect As mentioned above, if an allottee had remained invested in the SME stock despite tepid listing, one's shareholding in the company …
SME stock Hi-Tech Pipes have given exceptional to its investors in the long term. Stock Split and IPO details Hi-Tech Pipes announced a stock split in January 2023, reducing the face value of each share from ₹10 to ₹1, effectively splitting one share into ten. Earnings Performance Hi-Tech Pipes reported a consolidated net profit of ₹18.11 crore in the September …
Bonus shares, stock split effect: As Rome was not built in a day, a stock market investor can't become rich overnight. However, those who remained invested in the scrip despite the positive debut of the SME stock were rewarded with two bonus shares declared by the company board in 2014 and 2015. Similarly, the SME stock traded ex-bonus on 8th …