Top News

Amid the record boom in the Indian stock market, investors are going to get a great opportunity to acquire more shares for less money. If you also want to increase the number of shares in your portfolio, then keep an eye on the market movements next week. Three powerful companies of the corporate world are preparing to give a big gift to their existing investors. Next week, these three companies are going to do sub-division of their shares i.e. Stock Split. After this corporate action, investors will get many shares instead of one share held by them, which will significantly increase the liquidity and trading activity of these shares in the market.

Market’s eyes are fixed on stock split of these 3 companies

Simplex Castings Ltd, Pondy Oxides & Chemicals Ltd and Kalind Ltd are included in this list of providing bumper profits to investors. According to exchange filings, these three companies have fixed important dates for the split of their shares next week. Stock market experts believe that after the stock split, the prices of shares of these companies will come within the budget of common retail investors, due to which new investors from small cities like Lucknow, Jaipur and Indore will also be able to place bets easily in them.

Know in what ratio the shares will be divided and what is their record date.

If we look at the mathematics of stock split, Simplex Castings Limited is going to convert one share of its Rs 10 face value into 5 shares of Rs 2 face value, the ex-date and record date of which is fixed as July 20, 2026. At the same time, Pondy Oxides and Chemicals Limited will also split its Rs 5 face value shares into Rs 2 face value, for which the date has been fixed as July 21, 2026. Apart from this, Kalind Limited will also split its Rs 10 face value share into 5 shares, the record date of which is July 24, 2026. That means, if the shareholders of these companies have 100 shares, then after the split their number can directly increase to 500.

Will there be any change in the total value of the investment?

It is important for new investors to understand that a stock split has no direct impact on the market capitalization (total market value) of the company or the total value of your investment. When the number of shares increases, the price per share decreases in the market in the same proportion. For example, if the price of a share is Rs 1,500 and it is split in the ratio of 1:5, then after the split its price will come down to Rs 300 per share. According to experts, this step is taken solely to increase liquidity and make the stock affordable, which increases the chances of the stock rising in the future.