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It is rare for a company to announce a bonus share and stock split in a year. But the name of Sarveswar Foods Limited has also been included in this special list. The company is going to split its shares into 10 parts. And it is also going to give 2 bonus shares. The record date for this is next week. Tell us in detail –
The state-owned company posted a record date in September, 1 share at Rs. 33 is being paid as a dividend
4 days later Record Date (Sarveshwar Foods Bonus Share Record Date)
On August 29, Sarveswar Foods informed that one share with a face value of Rs 10 will be divided into 10 parts. In addition, the company will also offer 2 bonus shares for 1 share to eligible investors. Let us inform you that Sarveswar Foods has set a record date of 15 September 2023, Friday, for the bonus issue and stock split.
Money doubles in 1 year, now stock will be divided into 5 parts, price less than 50 rupees
The company doubled its money in 1 year (Sarveshwar Foods Stock Split Record Date)
The share price of Sarveswar Foods has seen an increase of over 140 percent in the last one year. This means that investors who bought and held the stock a year ago have now doubled their money. In the last 6 months, the share price of the company has seen an increase of 72 percent. Let us tell you that the price of one share of Sarveswar Foods was only Rs 135 on Friday.