Multibagger Stock Declares First-Ever 1:1 Bonus And 1:2 Stock Split; 1600% Growth In 5Y; BUY?

BN Rathi Securities, a small-cap company with an m-cap of 269.34 cr, has announced its first-ever stock split and bonus share issuance. The company has set January 24, 2025, as the record date for both corporate actions. This announcement is expected to boost investor confidence and improve stock liquidity, making the shares more accessible to retail investors.

BN Rathi Securities Stock Split Details

The company has approved a 1:2 stock split, reducing the face value of its shares from Rs.10 to Rs.5 each. This means that shareholders will receive two shares for every one share held, effectively doubling the number of shares in circulation.

A stock split aims to enhance the liquidity of the stock by making shares more affordable for investors. As the share price is adjusted post-split, it becomes easier for retail investors to participate in the company's growth story. The record date for this stock split is set for January 24, 2025. Shareholders who hold the stock as of this date will be eligible to receive the split shares.

BN Rathi Securities Bonus Issue Details

A 1:1 bonus share issue has also been announced by BN Rathi Securities alongside the stock split. This means that shareholders will receive one additional share for every share held post-split.

Bonus shares are issued to reward shareholders and increase the number of shares available in the market. For example, if an investor holds 100 shares after the split, they will receive an additional 100 shares as a bonus. The record date for both the stock split and bonus share issue remains January 24, 2025. Investors who own the shares on this date will be eligible to receive both the split shares and the bonus shares.

BN Rathi Securities Share Performance Lately

At the end of the trading session on Friday, January 10, 2025, the shares of BN Rathi Securities closed with a gain of 4.93%, finishing at Rs. 259.60 per share. The stock has been on steady growth, delivering major returns in both the short and long term.

In the last 30 days, the stock has recorded gains of 29.77%, making it a profitable investment for traders and short-term investors. The six-month performance has also been great, with the stock rising by 49.11%. Since its listing in May 2004, the stock has delivered a staggering 8,882% return, turning early investments into substantial wealth. Even in the past year alone, the stock has gained 144.86%, whereas in the last five years, the stock has surged by 1,626.06%.

About BN Rathi Securities

BN Rathi Securities Limited is a stockbroking firm in the retail and institutional brokerage services. Established in 1985, the company offers a large number of financial services, which include equity trading, commodity trading, depository services, and investment advisory. The company is headquartered in Hyderabad, Telangana, and is listed on the Bombay Stock Exchange (BSE). BN Rathi partners with investors across India, helping them deal in the financial markets.