How can Indian airlines balance pilot fatigue and profits? Are India's auto dealers facing a problem of plenty? Is it time to book profit in real estate stocks? What is a stock split? All answers here
The company had fixed January 10 as the Record Date for the proposed 2:1 stock split.
The board of directors of Cupid is scheduled to meet on January 23, 2024, to consider and approve Q3 results, proposal of stock split, bonus issue and raising of funds.
The stock had rallied 19 per cent since October 19, 2023, after the company announced a stock split.
Marc Benioff, Zuckerberg's peer in the tech world, also sold shares nearly every day in the second half of 2023
Nestle India said the board will meet on October 19 to consider a stock split and interim dividend.
The six units being planned to be listed are Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, Vedanta Base Metals and Vedanta Limited
The stock of automobile major quoted higher for the fourth straight day, surging 6 per cent during the period
Thus far in the calendar year, the stock price of HAL has appreciated nearly 60 per cent, as compared to 6.8 per cent rise in the S&P BSE Sensex
Avantel said that the rationale behind the split is to enhance liquidity in the capital market, widen shareholder base, and make shares more affordable to small investors.
The company said its board will meet on August 8, 2023 to consider sub-division/splitting its existing equity shares
Since May 27, the day the Board approved the stock split decision, the stock price of the company has appreciated by 47 per cent
But stock appears to have fully priced in the near-term gains
Analysts believe the move will create shareholder value
Meanwhile, in past two trading days, the stock has surged 12 per cent after the company emerged as a preferred bidder for Rs 2,132 crore built-operate-transfer (BOT) project in Gujarat.
In past two days, the stock price of Captain Pipes has rallied 20% after the company said its board will meet on January 27 to consider stock split and bonus issue proposal.
Rhetan TMT's board has approved stock split from Rs 10 to Re 1 and also approved issue of 11 bonus shares for every 4 equity shares held by the equtiy shareholders as on 'Record Date'.
In the past one month, the stock of IRB Infra outperformed market, as they surged 29 per cent, as compared to nearly 1 per cent decline in the S&P BSE Sensex
The stock turned ex-date for 3:1 bonus issue, and 1:1 stock split
In the past one year, the stock has appreciated by 100 per cent on the back of robust financial performance and strong order book position.