Shares of Kapil Raj Finance, a small-cap non-banking finance company (NBFC), are poised to experience a significant change as they prepare to undergo a 10-for-1 stock split on the Indian stock market. This exciting development will take effect during the trading session on April 15, 2025. To be eligible for the benefits of this split, investors needed to purchase shares by April 11. If they buy shares on the actual split date, their names will not be included in the ownership records due to the T+1 settlement system employed in India.
Understanding the Stock Split
A stock split is an important event for both companies and investors. It allows existing shares to be divided into a larger number of shares without altering the overall market capitalization. In the case of Kapil Raj Finance, each share of ₹10 will be divided into 10 shares valued at Re 1 each. This move not only makes the shares more affordable but can also attract new investors to the stock.
- Split Ratio: 10-for-1
- Record Date: April 15, 2025
- Value Pre-Split: ₹10 per share
- Value Post-Split: Re 1 per share
This change was officially confirmed in a filing dated February 28, where the board of directors announced their decision to split shares. The approval from shareholders is pending, but the record date has already been set.
Stock Performance of Kapil Raj Finance
As of April 11, Kapil Raj Finance shares closed at ₹68 on the BSE. Notably, there will be no trading today due to the holiday for Ambedkar Jayanti, but activities will resume tomorrow.
The stock has shown remarkable growth, increasing by 248% over the past year. In the last three months alone, it has appreciated by 29%, and year-to-date, the rise stands at 45%, showcasing its resilience despite broader market fluctuations.
- 52-Week High: ₹78.99 (reached on April 4, 2025)
- 52-Week Low: ₹18.47 (recorded on April 10, 2024)
Trading Insights and Future Outlook
Investors are keenly watching the trading volume, which averaged 49,000 shares over the last two weeks. With the upcoming stock split, the potential for increased trading activity remains high, as the lower price point post-split could attract a wider range of investors.
In summary, the stock split of Kapil Raj Finance represents an exciting opportunity for current and prospective shareholders. By making shares more accessible, the company aims to enhance its investor base and drive further growth in the future.
