Bharat Rasayan Considers Stock Split and Bonus Issue, Announces Q2 Results
Bharat Rasayan Ltd. held a board meeting to discuss potential stock split and bonus issue, along with announcing Q2 results. The stock closed at ₹11,655.95 on Thursday, up 8.84% for the day and about 23% over five days. The record date for these corporate actions is yet to be determined. This is the first time the company is considering both a stock split and bonus issue simultaneously, which could enhance stock liquidity and reward shareholders.

*this image is generated using AI for illustrative purposes only.
Bharat Rasayan Ltd., a chemical manufacturing company, held a crucial board meeting on Friday, October 24, to deliberate on significant corporate actions and financial results. The meeting agenda included proposals for a stock split and bonus issue of shares, alongside the announcement of the company's September quarter results.
Key Highlights
| Corporate Action | Details |
|---|---|
| Stock Split | Under consideration |
| Bonus Issue | Under consideration |
| Q2 Results | Announced (details not provided) |
| Record Date | Not yet determined |
Stock Performance
| Metric | Value |
|---|---|
| Closing Price (Thursday) | ₹11,655.95 |
| Daily Gain | 8.84% |
| 5-Day Gain | ~23% |
Significance of Corporate Actions
This marks a notable first for Bharat Rasayan, as the company is considering both a stock split and a bonus issue simultaneously. These corporate actions, if approved, could potentially enhance the stock's liquidity and reward shareholders.
Stock Split: This action involves dividing existing shares into multiple shares, potentially making the stock more accessible to a broader range of investors due to a lower per-share price.
Bonus Issue: This refers to the issuance of additional shares to existing shareholders without any cost, effectively increasing their shareholding.
The record date for these corporate actions, which will determine the shareholders eligible for these benefits, has not been announced yet.
Market Response
The market has responded positively to these developments. Bharat Rasayan's shares closed 8.84% higher at ₹11,655.95 on Thursday. Moreover, the stock has demonstrated strong momentum, gaining nearly 23% over the last five trading sessions.
Investors and market participants will be keenly awaiting further details on the stock split ratio, bonus issue proportion, and the company's financial performance for the September quarter. These factors could significantly influence the stock's future trajectory and shareholder value.
As always, investors are advised to conduct thorough research and consider their financial goals before making investment decisions based on corporate actions or market movements.
Historical Stock Returns for Bharat Rasayan
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.32% | +18.00% | +15.16% | +18.13% | +10.03% | +33.03% |































