Bajaj Finserv splits stock to attract more retail investors, shareholders get bonus shares too

Bajaj Finserv splits stock to attract more retail investors, shareholders get bonus shares too

Along with the issue of bonus equity shares and splitting the stock, the company also announced its quarterly results for the April-June quarter.

Bajaj Finserv announces bonus issue, stock split; shares zoom

Bajaj Finserv's board has approved bonus shares issue in the ratio of 1:1

Bajaj Finserv surges 8% ahead of board meet for bonus, stock split

The company is expected to post 25.8 per cent YoY growth in Q1 revenue, led by pick up in lending business coupled with continued healthy traction in premium accretion in insurance business.

Bajaj Finserv's Announced Stock Split & Bonus Issue; What It Means For Investors - Share Price India News

Financial services provider Bajaj Finserv stated on Thursday that its board has accepted the proposal to divide equity shares and issue bonus shares as a way

Bajaj Finserv shares climb 10% after board announces stock split, bonus issue

Shares of Bajaj Finserv were among the top gainers on Sensex and Nifty today after board of directors announced a stock split and bonus issue of equity shares. Board of the company approved the sub-division of equity shares in 1:5 ratio. This means each share of Bajaj Finserv having a face value of Rs 5 will be split into five shares with a face value of Re 1 each.

Bajaj Finserv Surges On Q1 Beat, Stock Split, Bonus Issue

Shares of Bajaj Finserv surged over 9.5%, the most in at least a year, after company reported more-then-expected net income for the quarter-ended June and approved a stock split and a bonus issue.Q1FY2022-23 (Consolidated, YoY)Net income at Rs 1,309.4 crore Vs. Rs 832.8 crore (Bloomberg estimate: Rs 871 crore).Revenue at Rs 15,888.3 crore Vs. Rs 13,949.5 crore.Interest income at Rs 8,971.5 crore Vs. Rs 6,937.3 crore.The company approved sub-divi…