The stock of this company will be divided into 5 parts, investors will get 1 free share, the price is less than 300 rupees

The stock of this company will be divided into 5 parts, investors will get 1 free share, the price is less than 300 rupees

Maruti Infrastructure Limited: Maruti Infrastructure Limited’s name will also soon be included in the list of companies distributing bonus shares. The company had announced the distribution of bonus shares yesterday i.e. on Saturday. The shares of the company are also to be split. Let us tell you that the price of this stock is less than 300 rupees. Let’s know about this bonus stock in detail –

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There will also be distribution of shares

Maruti Infrastructure Limited has told stock exchanges that Rs. A share having a face value of 10 will be divided into 5 parts. After which the stock split reduced the face value to Rs. 2 will do. The company has also announced bonus shares. The company has told the exchange that Rs. 1 share bonus will be given on 2 shares of face value of 2. However, the company is yet to announce the record date of bonus shares and stock split.

The company is issuing bonus shares for the first time. At the same time, stocks are also being distributed for the first time. Let us tell you that the company has not paid any dividend till date.

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How is the company performing in the stock market?

Shares of the company closed at Rs 215.40 with an increase of 0.44 percent on Friday. In the last 6 months, the share price of the company has seen an increase of 38 percent. At the same time, investors who have held the stock for over a year have made more than 70 percent profit so far.

The company’s 52-week high is Rs. 254.70 and a 52 week low of Rs. is 100.05. The market cap of the company is Rs. 269.25 crores. Let us tell you that the total share of promoters in the company is 52.31 percent. While public has 47.68 percent share.

(This is not investment advice. Stock market is subject to risks. Consult experts before making any investment.)

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