Upcoming Stock Split 2024: 8 Stocks Set To Split Shares Soon In July, To Become Affordable

Eight leading companies are all set to split/sub-divide shares in the month of July. Shares of these companies will become affordable or economical after stock split. These companies are Vantage Knowledge Academy Ltd, WPIL Ltd, KPI Green Energy Ltd, Elecon Engineering Co. Ltd., NHC Foods Ltd., Bridge Securities Ltd., Kaycee Industries, and PG Electroplast Ltd. Some of these companies offered attractive returns to their shareholders. Kaycee Industries share will not only split but offer 4:1 bonus shares and Rs 100/share dividend. Check details below:

1. Kaycee Industries: Kaycee Industries approved stock split/sub-division of shares in the ratio of 1:10 and fixed record date July 6, 2024. It also recommended bonus share in the ratio of 4:1. Record date for bonus share is July 6, 2024. Last trading price of Kaycee Industries share on BSE is Rs 1365.50 per share. Kaycee Industries share gave eye-catching returns of 271% 3-months only. Board of Kaycee recommended final dividend of Rs 60 per share and special dividend of Rs 40 per share. It fixed August 9, 2024 as the record date for dividend.

2. Vantage Knowledge Academy: Vantage Knowledge approved 1:10 stock split and fixed July 12, 2024 as the record date for sub-division of shares. Vantage Knowledge Academy shares offered 132% return in last 3-months and 292% return in last 6-months. The education sector stock has a market cap of Rs 463.5 crore. Vantage Knowledge shares hit upper circuit and 52-week high on July 5.

3. WPIL Ltd: Last trading price of WPIL Ltd share on BSE is Rs 4532.90 per share with intraday fall of 3.57%. WPIL shares offered 61% return in last 1-year and 321% return in last 2-years. The company on July 2 fixed July 12, 2024 as the record date for 1:10 stock split.

As per the BSE filing, "We would like to inform you that the Board of Directors of the Company at its meeting held on date i.e July 02, 2024 has fixed Friday, the 12 day of July, 2024 as the RECORD DATE for the purpose of Sub-division/splitting of face value of an Equity share of the Company from Rs. 10/- per share to Rs. 1/- per share."

4. KPI Green Energy Ltd: Last trading price of KPI Green Energy share on BSE is Rs 1781.75 per share. It operates in power generation sector. The green energy stock has a market cap of Rs 10,740.85 crore. KPI Green Energy shares rallied 88% in last 6-months and 202% in last 1-year. KPI Green Energy approved stock split in the ratio of 1:2.

As per the July 2 BSE filing of KPI Green Energy, "the Company has fixed Thursday, July 18, 2024 as the 'Record Date' for determining the eligibility of Shareholders for the purpose of sub-division/split of equity share having face value of Rs. 10/- (Rupees Ten only) each, fully paid-up into 2 (Two) equity shares having face value of Rs. 5/- (Rupees Five only) each fully paid-up."

5. Elecon Engineering Company: Its shares will soon become economical as Elecon set July 19, 2024 as the record date for 1:2 stock split/sub-division of shares. Current market price of Elecon Engineering share on BSE is Rs 1376.15 per share. Elecon Engineering shares offered attractive return of 116% in last 1-year and gained 887% in 3-years. Elecon declared a final dividend of Rs 2 per equity share of the face value of Re 1.00 per share with record date set as June 14, 2024. The company has a market capitalisation of Rs 15,440.40 crore.

6. NHC Foods: Current market price of NHC Foods share on BSE is Rs 49.85 per share. NHC Foods approved stock split in the proportion of 1:10 and set record date as July 22, 2024. NHC Foods shares offered return of 12% in last 1-week, declined over 1% in last 1-year. In last 2-years, NHC Foods shares zoomed 175%.

7. Bridge Securities Ltd: Last trading price of Bridge Securities share on BSE is Rs 36.51 per share with intraday gain of 4.97% as on July 5, 2024. It approved sub-division of share in the ratio 1:10 and set record date as July 10, 2024. Bridge Securities shares surged 432% in last 1-year.

8. PG Electroplast Ltd: Last trading price of PG Electroplast share on BSE is Rs 3693.20 per share. The market cap of the company stood at Rs 9638.46 crore. PG Electroplast shares offered return of 104% return in last 3-months and gained 141% in last 1-year. It approved 1:10 stock split and fixed July 10 as the record date.

Disclaimer: The stocks highlights the stock split/sub-division of shares 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.