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Pearl Global Industries Limited: Pearl Global shares are going to split. The company is going to split 1 share into 2 parts. A record date has been announced for this. The record date is the first week of the new year. Let us tell you that in the last one year, the share price of the company has seen an increase of more than 200 percent. The stock closed on the upper circuit on Friday.
The company this week on record date at Rs.1 per share. 11 is being paid as a dividend
When is the New Year record date?
The company paid Rs. It has been decided to divide the shares having a face value of 10 into 2 parts. After the demerger, the face value of the company’s shares fell to Rs. 5 will be done. The record date for the stock split is set for January 5, 2024. Let us tell you that after a stock split, the share price of the company decreases. Companies decide to split shares to attract retail investors.
If there is an IPO, the money doubles on the first day, do you have shares?
Over 240 percent return in 1 year
On Friday, the company’s share price touched 1324.45 rupees after hitting the upper circuit of 5 percent. In the last one year, the share price of the company has seen an increase of 241 percent. The company’s share price has increased by more than 147 percent in the last 6 months.
The stock price of this multibagger has managed to rise by more than 3 percent in the last one month. The company hit a 52-week high of Rs. 1470.80 per share and a 52-week low of Rs. 335 per share.
This year the company has given a dividend of 22 rupees.
This money making stock has already traded ex-dividend in November 2023. The company then offered its eligible investors Rs. A dividend of 12.50 was given. Let us tell you that, in this calendar year, the company gave a dividend of Rs 5 each twice.