1:2 bonus shares, 1:5 stock split: NSE SME stock turns ₹1.34 lakh to ₹5.85 lakh in six years
NSE SME IPO was launched in December 2023 at a price band of ₹65 to ₹67 per equity share
Bonus share, stock split effect: A long term stock market investor enjoys some additional benefits over short term investors. These benefits include issuance of bonus shares, rise in shareholding post-stock split, dividend, buyback of shares, etc. A listed company declares these beiefits from its capital reserves and net profit. Prima facie, these benefits might not look lucrative as these doesn't make any change in absolute value of an investor after share adjustment. However, in long term these rewards lead to whopping return.
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