Stock Splits In News: 7 Top Stocks That Will Start Splitting From Sept 27 To Oct 16

Seven stocks will begin to split/sub-divide beginning from September 27 till October 16. These stocks are Real Eco-Energy Ltd, Sanghvi Movers Ltd, Integrated Industries Ltd, Godawari Power & Ispat Ltd., Jindal Saw Ltd., Rajnish Retail Ltd, and Pondy Oxides & Chemicals Ltd. Some of these stocks delivered attractive returns to shareholders.
When a company announces stock split, it leads to increased number of shares of that company with the market cap remaining same. When the number of shares rise, the price per share declines.

The companies choose to opt for stock split to make their share affordable and cheaper for investors who may find it difficult to buy the shares of that company due to high prices. Check details below:

1. Real Eco-Energy Ltd: The penny stock declared 1:5 stock split and ex-split date of its share is October 4, 2024. Last trading price of Real Eco-Energy shares on BSE is Rs 44.13 per share. The 52-week high price of Real Eco-Energy shares on BSE is Rs 45.75 per share and 52-week low price is Rs 19.80 per share. Its market cap is Rs 88.26 crore. Real Eco-Energy shares offered return of 31% in last 2-weeks and rose 76% in last 1-year.

2. Sanghvi Movers Ltd: The company declared 1:2 stock split/sub-division of shares. The ex-split date of Sanghvi Movers shares on BSE is Rs September 27, 2024. Last trading price of Sanghvi Movers shares on BSE is Rs 407.95 per share. The 52-week high price of Sanghvi Movers Ltd shares on BSE is Rs 741.50 per share and 52-week low price is Rs 310.68 per share. Sanghvi Movers Ltd has a market capitalisation of Rs 3531.87 crore. Sanghvi Movers shares slipped 38% in last 6-months and gained 16% in last 1-year. In last 2-years, Sanghvi Movers shares surged 259%.

3. Integrated Industries Ltd: The company recommended 1:10 stock split and shares will sub-divide on October 1, 2024. Last trading price of Integrated Industries shares on BSE is Rs 424.05 per share with intraday gain of 1.29%. The 52-week high price of Integrated Industries shares is Rs 438.00 per share and 52-week low price is Rs 149.93 per share. The company's market cap stood at Rs 869.64 crore. Integrated Industries shares jumped 84% in last 3-months and rallied 21,645% in last 2-years.

4. Godawari Power & Ispat Ltd: It had announced 1:5 stock split and shares are all set to get affordable. Godawari Power & Ispat Ltd shares will go ex-split on October 4, 2024. The 52-week high price of Godawari Power & Ispat shares on BSE is Rs 1222.95 per share and 52-week low price is Rs 573.45 per share, respectively. The company's market capitalisation stood at Rs 14,135.44 crore.

5: Jindal Saw Ltd: The firm recommended 2:1 stock split and shares will go ex-dividend of October 9, 2024. Last trading price of Jindal Saw Ltd shares on BSE is Rs 746.25 per share. The 52-week high price of Jindal Saw Ltd shares on BSE is Rs 759.30 per share and 52-week low price is Rs 329.75 pe share, respecetively. The company's market capitalisation stood at Rs 23,861.65 crore. Jindal Saw shares zoomed over 100% in last 1-year.

6. Rajnish Retail Ltd: The company had recommended 5:1 stock split and set October 11, 2024 as the record date. Last trading price of Rajnish Retail Ltd shares on BSE is Rs 65.00 per share. The 52-week high price of Rajnish Retail shares on BSE is Rs 97.80 per share and 52-week low price is Rs 38.12 per share, respectively. Its market cap stood at Rs 199.29 crore. Rajnish Retail shares delivered return of 10% in last 2-weeks, slipped 16% in last 3-months, and gave returns of 54% in last 1-year. In last 2-years, Rajnish Retail shares zoomed 1147%.

7. Pondy Oxides & Chemicals Ltd: Pondy Oxides & Chemicals shares are all set to be sub-divided in the ratio of 1:2 as the company fixed October 16, 2024 as the record date for stock split. The company also recommended Rs 5/share final dividend and fixed September 11, 2024 as the record date.

Last trading price of Pondy Oxides & Chemicals Shares on BSE is Rs 1990.50 pe share. The 52-week high price of Pondy Oxides & Chemicals Shares is Rs 2382.05 per share and 52-week low price is Rs 393.00 per share. Its market capitalisation is Rs 2592.66 crore. Pondy Oxides & Chemicals shares jumped 212% in last 6-months only.

Disclaimer: The stocks highlight the stock split/sub-division and are not recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stocks mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.