1:1 Bonus Shares Coming: Trade This Week To Stay Eligible By Record Date; Here's The Guide

A top provider of investment casting solutions, Investment & Precision Castings Ltd (IPCL) serves a variety of sectors, including power plants, aerospace, automotive, electrical and instrumentation, and more. Following the Board's announcement of the record date for 1:1 bonus shares, Investment & Precision Castings' shares started higher on the BSE on Monday, June 23rd, at Rs 1009.85 per share, up from the previous close of Rs 989.40.

Investment & Precision Castings Bonus Shares

"This is to inform you that in pursuant to regulations 42 of SEBI (LODR), 2015 the company has fixed Friday, 27 June, 2025 as record date for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus shares of company in ratio of 1:1 i.e., 1 (one) equity share of Rs.10/- each for every 1(one) existing equity share of Rs.10/- each, with approval of shareholders which is being obtained through EGM held as on 13th June, 2025. Further in accordance with SEBI circular dated September 16, 2024 the deemed date of allotment of bonus share shall be Monday, 30th June, 2025 & this bonus shares will be made available for trading on next working day of allotment i.e. Tuesday, 1st July, 2025," said Investment & Precision Castings in a stock exchange filing.

Investment & Precision Castings Financials

Investment & Precision Castings' net profit increased 171.43% to Rs 1.90 crore in the March 2025 quarter from Rs 0.70 crore in the March 2024 quarter. Compared to Q4FY24, when sales were Rs 39.12 crore, Q4FY25 saw a 7.18% growth to Rs 41.93 crore as per Business Standard. In the fiscal year that ended in March 2025, net profit dropped 22.21% to Rs 6.06 crore, compared to Rs 7.79 crore in the year that ended in March 2024. Compared to FY24's total sales of Rs 167.63 crore, sales in FY25 fell 3.03% to Rs 162.55 crore.

Investment & Precision Castings Share Price Target

"Investment and Precision Castings stock price is bearish on the Daily charts with strong resistance at 1019. A Daily close below support of 901 could lead to a target of 820 in the near term," commented A R Ramachandran, independent research analyst.

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