BN Rathi Securities Hits 10% Upper Circuit Post 1:1 Bonus & 1:2 Stock Split; Adjusted Price Drops Below ₹60

BN Rathi Securities Surges 10% After 1:2 Split and 1:1 Bonus Issue

Corporate Action Details

BN Rathi Securities’ shares hit a 10% upper circuit on January 24, 2025, after turning ex-date for a **1:2 stock split** and **1:1 bonus issue**. The stock price adjusted from ₹205.45 to ₹56.45 post-corporate actions, making it more accessible to retail investors.

Key Adjustments

• Stock Split (1:2): Each ₹10 face value share split into two ₹5 face value shares.
• Bonus Issue (1:1): Shareholders received one free share for every existing share held.
• Revised Price Range: 52-week high/low reset to ₹72.75 and ₹21.66, respectively.

Post-Adjustment Metrics

• Market Capitalization: ₹234.27 crore.
• Trading Platform: Listed exclusively on BSE as a penny stock in the NBFC segment.

Strategic Rationale

• Enhanced liquidity through reduced share price.
• Expanded retail investor participation.

Company Overview

BN Rathi Securities is a BSE-listed financial services provider specializing in stock broking and depository services. With over five decades of market experience, the company focuses on institutional equities and retail trading solutions.

Recent Performance

• Delivered multibagger returns over five years.
• Faced a 12% decline in the week preceding the ex-date.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. Consult a qualified financial advisor before making investment decisions.

Categories: BN Rathi stock split, NBFC corporate actions, penny stock updates