1:10 Stock Split, Record Date August 5; Packaged Foods Stock Gains 447.5% YTD, Rs 15,000 Becomes Rs 82,131

Aayush Wellness, a packaged foods company, will be turning ex-split on August 5th, for its first ever stock sub-division in the ratio of 1:10. The penny stock is among top performers of 2024 that emerged as multibagger and gave triple-digit returns. From January 1 to August 2nd of 2024, this penny stock has surged by 447.5% on BSE before splitting.

Aayush Wellness Share Price:

Last week, on Friday, Aayush Wellness share price stood at Rs 293.70 apiece, with market cap of Rs 95.31 crore on BSE. The multibagger is near its 52-week high of Rs 313.95 apiece, while trading higher by a mind-blowing 1,291.28% from its 52-week low of Rs 21.11 apiece.

The stock's PE ratio is high at 166.33x and the return on equity is stable at 11.66%.

YTD, the stock skyrocketed by 447.54%.

Aayush Wellness Stock Split:

Aayush share price will turn ex-split on August 5th which is also the record date for ascertaining eligibility of shareholders for subdivision/Split of equity shares of the Company from 1 (One) equity share having a face value of Rs. 10/- (Rupees Ten only) each into 10 (Ten) equity shares having face value of Re. 1/- (Rupee One only) each.

The stock split ratio is at 1:10.

Last month, Aayush Wellness introduced a new portal "www.aayushwellness.com" to enhance the accessibility of its products and services, pan India.

As per the regulatory filing, this strategic move is designed to extend the availability of Aayush Wellness products and services to every corner of the country, ensuring that even the most remote and underserved areas can benefit from high-quality health and wellness solutions.

Further, the launch of the online platform is a significant milestone in this journey. By leveraging cutting-edge e-commerce technology and a robust distribution network, Aayush Wellness is poised to bridge the gap between urban and rural preventive healthcare access.

Over the years, Aayush Wellness has established itself as a trusted provider of high-quality food oriented products and supplements. Aayush Wellness is committed to promoting holistic well-being and making its products and services accessible to a broader audience. With the increasing demand for integrated wellness solutions, the company recognized the need to broaden its scope and cater to the evolving needs of its customers from metros to remote areas.

Aayush Wellness Limited, formerly Aayush Food and Herbs Limited, aims to be a leading force in the health and wellness industry. The company has now expanded its offerings to include a comprehensive range of wellness solutions with a modern science-backed approach. Aayush Wellness Limited is dedicated to promoting preventive healthcare and well-being through its scientific and innovative products and services.