Pulsar International Stock Split and Bonus Shares Likely Boost Share Price
Sunday, 20 October 2024, 09:34
Pulsar International Share Price Surge
On Friday, shares of Pulsar International Ltd gained over 5 percent to Rs 19.10 per share from its previous closing of Rs 18.05.
Bonus Shares and Stock Split Announcement
The company announced a 1:10 bonus share and a 10:1 stock split, heightening market interest in a company that's already seen impressive gains.
Potential Benefits of Bonus and Split
- This bonus issue aims to reward existing shareholders.
- Stock splits often make shares more accessible, potentially boosting investor confidence.
- Increased liquidity might attract new investors.
Market Performance Review
The stock’s 52-week high is Rs 19.20 and its 52-week low is Rs 5.53.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.