Standard Capital Markets Limited has made two major announcements that will benefit its shareholders. The company will soon split its shares and distribute free bonus shares to eligible shareholders. In the previous week’s trading session, Standard Capital Markets Limited announced bonus shares and a stock split. The company’s share closed at INR 55.57 with a decrease of 1.99% on Friday, November 24, 2023. On Tuesday, November 28, 2023, the share was trading at INR 56.7, an increase of 2.00%. The company’s shares are currently trading at a price lower than INR 100. Last week, the board of directors of Standard Capital Markets Limited held a meeting where they decided to split their shares into 10 parts. After the share split, the nominal value of the company’s shares will be INR 1 per share. In addition, the company has announced that it will give 2 bonus shares for every 1 share held by its shareholders with a nominal value of INR 1. The record date for these announcements has not been released yet. In the past year, Standard Capital Markets Limited’s shares have given its investors a return of 700%. The company’s share was trading at INR 55.57 on Friday last week. In the past six months, the company’s shares have provided a return of 35% to its investors. In the past month alone, the company’s shares have given its investors a return of over 19%.
★Standard Capital Markets Limited has announced two major developments that will benefit its shareholders.
★The company will soon split its shares and distribute free bonus shares to eligible shareholders.
★In the previous week’s business session, Standard Capital Markets Limited announced bonus shares and a stock split.
★The company’s share closed at Rs. 55.57 on Friday, November 24, 2023, with a decline of 1.99%.
★On Tuesday (November 28, 2023), the share was trading at Rs. 56.7, an increase of 2.00%.
★Standard Capital Markets is trading its shares at a price lower than Rs. 100.
★The board of directors of Standard Capital Markets held a meeting last week.
★In the meeting, the directors decided to split the company’s shares into 10 pieces.
★After the share split, the tagged value of the company’s shares will be Rs. 1 per share.
★Additionally, the company has announced that it will provide two bonus shares for every one share held by its shareholders, with a tagged value of Rs. 1.
★The company has not yet announced the record date for these developments.
★In the past year, Standard Capital Markets’ shares have provided a return of 700% to its investors.
★The company’s share was trading at Rs. 55.57 on Friday last week.
★In the past six months, the company’s shares have provided a return of 35% to its investors.
★In the past month, the company’s shares have provided a return of over 19% to its investors.
★News Title: Bonus Shares 28 November 2023.
People Can Find This Information Useful for: Bonus Shares, Standard Capital Markets Limited
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