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Shares of CWD Limited climbed sharply after the company set a record date for bonus shares. The consumer discretionary firm, which operates as Connected Wireless Devices, fixed 02 January 2026 for allotting additional equity. The announcement triggered strong buying interest and lifted trading volumes on the BSE.
Under the approved proposal, existing shareholders receive four new fully paid equity shares for every one share held. Eligibility for this 4:1 bonus issue depends on investors being recorded as members on 02 January 2026, according to the company’s stock exchange disclosure.
"This is to inform you that the Company has fixed Friday, January 02, 2026 as the record date for the purpose of determining the members, eligible for issuance of bonus shares in the proportion of 4:1* i.e. 4 (four) new fully paid up equity shares for every 1 (one) existing fully paid up equity share held as approved by the shareholders," said the company in a stock exchange filing.
On the session of the announcement, CWD Limited surged 5.08% from the prior close and hit an intraday high of Rs 1,924.60. The stock opened at Rs 1,881.00 on the BSE and traded with a 5.04% upside gap during afternoon deals, taking market capitalisation beyond Rs 845 crore.
Despite recent volatility, CWD Limited remained near its 52-week peak. The share traded around Rs 1,924, which is only 7.7% below the 52-week high of Rs 2,085. The limited profit booking from the top signals continued interest from traders and longer-term investors.
Over the past year, the counter showed a strong recovery from its 52-week low of Rs 760. The rise of about 153% over that period underlines the scale of the rebound in the stock price. Market participants are watching whether this strength can sustain near the higher band.
The recent trading range and yearly extremes for CWD Limited are set out below for quick reference by market watchers.
| Metric | Level (Rs) |
|---|---|
| Intraday high on announcement day | 1,924.60 |
| Opening price on BSE | 1,881.00 |
| 52-week high | 2,085.00 |
| 52-week low | 760.00 |
Technical commentary indicated some caution despite the rally and the bonus shares trigger. A R Ramachandran, part-time SEBI-registered Research Analyst at Tips2trades, said, "CWD stock price is bearish on the Daily charts with strong resistance at 1915. A Daily close below support of 1800 could lead to a target of 1685 in the near term," highlighting possible downside risk if support breaks.
The bonus shares record date and sharp price gains place CWD Limited in focus for equity investors. Market data shows the stock trading close to its yearly high after a substantial rebound from the 52-week low. Future moves could depend on broader sentiment and how participants react to the upcoming bonus allotment.
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