Small-cap inventory beneath ₹20: Pradhin Restricted, on Monday, February 24, introduced that the agency had mounted its document date as March 7, 2025, for the inventory cut up and the bonus challenge of the corporate’s fairness shares.
The corporate introduced a inventory cut 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 cut up ratio 1:10)
Pradhin additionally introduced a bonus challenge of two shares for each one fairness share held by the shareholder for a sure time frame. The bonus challenge ratio will likely be 2:1.
“We want to inform you that the corporate has mounted Friday, 07th March, 2025 because the Document 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 way of postal poll on Friday, twenty first February, 2025,” mentioned the corporate within the BSE filling.
Pradhin Share Worth
Pradhin Restricted shares closed 4.94 per cent increased at ₹16.99 after Monday’s inventory market session, in comparison with ₹16.19 on the earlier market shut. The corporate introduced the inventory cut up and bonus challenge transfer after market working hours on February 24.
Pradhin shares have given inventory market traders 494 per cent returns since its itemizing on the home indices within the early 2000s. Nonetheless, the inventory has misplaced practically 60 per cent within the final 5 years and nearly 63 per cent within the final one-year interval.
The iron and metal product maker’s shares hit their 52-week excessive degree at ₹53.27 on August 29, 2024, whereas the 52-week degree 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 degree.
Pradhin Restricted’s market capitalisation was at ₹57.47 crore as of Monday’s market shut.
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