1:1 Bonus Shares & 1:2 Stock Split: 24th January Record Date; Buy For Big Gains In 2025?

Every facet of stock broking services is provided by B.N. Rathi Securities. A publicly traded stock broking company, B.N. Rathi Securities Ltd. offers a wide range of integrated services covering all aspects of financial market transactions. Over the last three decades, it has serviced all types of investors as one of the leading national broking businesses. Today, it is widely distributed throughout the country and is one of the leading CDSL participants in South India. On Friday, the shares of BN Rathi Securities ended 2.45% lower at Rs 266.95 per share with a market cap of Rs 276.96Cr after the company declared record date for 1:1 bonus shares and 1:2 stock split.

BN Rathi Securities Record Date For Bonus Shares & Stock Split

"Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 Company has fixed Friday, 24th, January, 2025 as the Record Date, for the purpose of ascertaining the eligibility of the shareholders entitled for the following matters: 1. Sub-division of 1 (one) Equity share of face value of Rs. 10/- each fully paid-up to 2 (two) Equity shares of face value of Rs. 5/- each fully paid-up. 2. Issue of Bonus Shares in the ratio of 1:1 i.e., I (One) new fully paid-up equity share of Rs. 5/- each for every 1 (One) existing fully paid-up equity share of Rs. 5/- each held by them. The Bonus Shares shall be allotted to the equity shareholders whose names appear in the Register of Members/ List of Beneficial Owners provided by the Depositories as on the said date," said BN Rathi Securities in a stock exchange filing.

BN Rathi Securities Financials

Revenue from operations for the September 2024 quarter was Rs 14.37 crore, rising 17.93% from the September 2023 quarter's Rs 12.19 crore. From Rs. 3.16 crore in Q2FY24 to Rs. 3.99 crore in Q2FY25, its net profit grew by 26.17%. From Rs. 4.54 crore in the September 2023 quarter to Rs. 5.64 crore in the September 2024 quarter, EBITDA grew by 24.23%.

BN Rathi Securities Share Price Target

"B N Rathi stock price is bullish but also overbought on the Daily charts with next resistance at 295.6. A Daily close below support of 265 could lead to a target of 235 in the near term," commented A R Ramachandran, Independent Research Analyst.

Disclaimer

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