1:2 Split: Electrical Stock Doubles Investors' Money After Splitting, Rs 50K Becomes Rs 1.2 Lakh In 1 Year

Bharat Bijlee's share price has split into two, doubling investors' number of shares in their portfolio, while becoming affordable for investors. But that's not all that Bharat Bijlee has done! By the end of the trading week, April 26, riding on the back of bulls, Bharat Bijlee shares have also more than doubled investors' money in less than 1-year.

To be precise, we're talking about 146% returns, thanks to a 1:2 stock split.

After the split-up, Bharat Bijlee shares are currently at Rs 3233.15 apiece with a market cap of Rs 3,654.47 crore. On April 26 alone, the small-cap electrical stock rallied by 3.3% on BSE.

Its 52-week high is at Rs 3,538.95 apiece, while its 52-week low is at Rs 1,314.13 apiece. Taking into consideration its 52-week low and comparing it with the current market price, Bharat Bijlee shares have rallied by a whopping 146.03%.

If an investor had bought Bharat Bijlee shares at the time of its 52-week low for Rs 50,000, then currently their corpus has risen to Rs 1,23,010. Accordingly, the investors have earned a profit of Rs 73,010 on their Rs 50,000 investment.

Currently, the stock's price-to-equity ratio is at 16.65x, while earnings per share is at Rs 52.54, as per BSE data.

Bharat Bijlee turned ex-split on April 24, 2024, to determine the eligibility of Shareholders of the Company, for Sub-division / Split of Existing 1 (One) Equity Share of face value of ₹ 10/- (Rupees Ten only) each, fully paid up, into 2 (Two) Equity Shares of face value of ₹ 5/- (Rupees Five only) each, fully paid up, ranking pari passu in all respects which was approved by the Shareholders of the Company, through Postal Ballot on Thursday, March 21, 2024.

Accordingly, the share split ratio is 1:2.

Bharat Bijlee is a leading Electrical Engineering company based in India. Established in 1946, its primary business segments are Power Transformers, Projects, Electric Motors, Magnet Technology Machines, Drives and Industrial Automation solutions.

The company caters to a spectrum of industries and the builders of the nation's infrastructure: power, refineries, steel, cement, railways, machinery, construction and textiles.

Also, the company has an extensive sales and service network across India for its Power Transformers, Electric Motors, Elevator Systems and Drives & Industrial Automation divisions. It also serves international markets.