Small-cap inventory beneath ₹20: Pradhin Restricted, on Monday, February 24, introduced that the agency had fastened its document date as March 7, 2025, for the inventory break up and the bonus concern of the corporate’s fairness shares.
The corporate introduced a inventory break up of 1 fairness share with a face worth of ₹10 per share into 10 fairness shares with a face worth of Re 1 per share, in response to the BSE information. (Inventory break up ratio 1:10)
Pradhin additionally introduced a bonus concern of two shares for each one fairness share held by the shareholder for a sure time period. The bonus concern ratio will likely be 2:1.
“We want to inform you that the corporate has fastened Friday, 07th March, 2025 because the File Date, for the aim of ascertaining the eligibility of the shareholders entitled for the next issues, in accordance with the approval of shareholders obtained by means of postal poll on Friday, twenty first February, 2025,” stated the corporate within the BSE filling.
Pradhin Share Value
Pradhin Restricted shares closed 4.94 per cent greater at ₹16.99 after Monday’s inventory market session, in comparison with ₹16.19 on the earlier market shut. The corporate introduced the inventory break up and bonus concern transfer after market working hours on February 24.
Pradhin shares have given inventory market buyers 494 per cent returns since its itemizing on the home indices within the early 2000s. Nevertheless, the inventory has misplaced almost 60 per cent within the final 5 years and virtually 63 per cent within the final one-year interval.
The iron and metal product maker’s shares hit their 52-week excessive stage at ₹53.27 on August 29, 2024, whereas the 52-week stage low was at ₹15.43 on February 20, 2025, in response to the BSE information. The shares are buying and selling simply above their 52-week stage.
Pradhin Restricted’s market capitalisation was at ₹57.47 crore as of Monday’s market shut.
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