Business Business: Motisons Jewelers is also among the companies giving great returns to investors in the stock market. Now the company’s shares have been split (share splitting). This multi-pack inventory will be divided into 10 parts. The company announced a record date for its stock split. Tell more about the stock- Motisons Jewelers said in its message to the stock exchanges that the stock with a face value of Rs 10 will be divided into 10 parts. After this split, the face value of the company’s shares will come down to Rs 1. The company has declared the record date today i.e. 19 September. The deadline for the stock split is November 9, 2024. But it is Saturday. In such a situation, the company will trade as ex-split on November 8.
Motisons Jewelers’ share opened at Rs 281.45 on BSE today. But at one time the company’s shares fell 3 per cent to Rs 268. The company has a 52-week high of Rs 287.85 and a 52-week low of Rs 87.10 on the BSE. The company has a market capitalization of Rs 2,726.95 crore.
In the last month, the prices of this share of Multibaggers have increased by more than 55 per cent. Meanwhile, investors who held the stock for 6 months have now got a return of 101 per cent. We would like to inform you that the share price of Motisons Jewelers is currently up 387 per cent from the issue price.
The IPO of Motisons Jewelers was open from December 18 to 20. The company was listed on the stock exchange on December 26, 2023. Since then, the share price of the company has increased by 173 per cent. We would like to inform you that the IPO price of Motisons Jewelers was 55 lakhs.
