Jindal Saw Share Price | The wealthiest share will be divided into 2 shares, record date after 2 days.
Jindal Saw Share Price | In the last one year, many stocks have given more than 100 percent returns to investors. Jindal Saw Limited is also included in this. The company is in news again. The company has announced that it will divide its shares into two parts. This week is a record date for the company's stock split. (Jindal Saw Company excerpt)
record date
Jindal Saw Limited said in the information sent to the stock exchanges that the shares with face value of Rs 2 will be divided into two parts. After this share split, the face value of the company's shares will decrease by Re 1 per share. The record date for the stock split is October 9, 2024. This means the shares will trade ex-split on Wednesday. On Tuesday (08 October 2024), the stock was trading at Rs 742, up 5.15%. The stock, which does not pay a single bonus share, will be redistributed after 15 years. The company had earlier distributed shares in 2009. The company's shares were divided into five segments as per the data available on BSE. The face price of the shares was Rs 2 per share. Jindal Saw Limited has pleased investors with its stock market performance in the last one year. During this period, the share price of the company has increased by 110 percent. So far in 2024, the company has not disappointed investors in terms of returns. The share price has increased by more than 70% this year. At the time of closing of trading on Friday, the company's shares were trading at Rs 726.05, up more than 2 per cent on BSE. Stock worth Rs. 52-week higher of Rs.760 and Rs. There is a low of 329.75. The shares were bought and sold ex-dividend on June 11 this year. After this the company paid a dividend of Rs 4 per share to the eligible investors. However, the company has not declared any dividend since then.
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