Shangar Decor has announced to split its shares into 5 pieces. The company has set a record date for this 7 March 2025. That is, if investors want to take advantage of this stock split, it will be necessary to buy a share one day before the record date.
What will happen after stock split?
- Currently the company has a face value of 1 share of ₹ 5.
- The face value will be ₹ 1 per share after the stock split.
- 1 shares will be divided into 5 parts, which will increase the total number of investors with investors.
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Stock split has been done before
- In 2020, the company divided its shares into 2 parts (₹ 10 to ₹ 5 per share).
- The same year, the company also issued 1: 1 bonus shares.
- In 2020, investors were also given a dividend of ₹ 0.20 per share.
How is Shangar Decor’s share performance?
- On Friday, the stock closed at ₹ 4.75 with a gain of 0.42%.
- The stock climbed 43% in the last one year.
- However, in the last 6 months, there was a decline of 34%.
- 52 Week High: ₹ 12.05 | Take 52 Week: ₹ 2.64.
- Market Cap: ₹ 46 Crore.
Will stock split be beneficial for investors?
Stock split increases share availability and improves liquidity. However, the stock split does not directly affect the company’s fundamental value. Therefore, investors should decide to invest keeping in mind the long term growth and the company’s financial status.
