2 shares that have announced stock split | Share split alert - YouTube

Hi, We often tell you about those companies which have announced any stock split or bonus in the recent past.

So today we will tell you about 2 such companies whose record dates of the stock split are near.

But before proceeding further, let us quickly understand the concept of a stock split.

In a stock split, the company's board of directors splits the existing shares into multiple shares, increasing the total number of shares.

A stock split does not change the total market cap of the company.

For example, in a 2:1 stock split or a 2 for 1 stock split, the number of shares held by existing shareholders is doubled.

If the company had 1 crore shares before the stock split in the market then after the split, the company will have 2 crore shares in the market.

In this case, the share price of the company should be halved.

But due to the changing supply-demand, it is not exactly half.

Generally, stock splits are done to make it more affordable, so that more people can buy and there is no liquidity issue in the shares.

Now let's talk about those 2 companies whose ex-split dates are near.

We have considered only those companies whose market cap is more than 2000 crores.

Also, we have considered the prices after the market closed on April 12 for the numbers used in the video.

Will we cover in the market cap i.e. the company which has the highest market cap, we will tell you at the end in ascending order.

So let's start today's list.

The first company is - Saregama India Limited.

This company is the oldest music label company in our country and is involved in the business of content.

On 24 February 2022, the company announced a stock split of 10 for 1.

That is, every 1 share you bought will be converted into 10 shares.

For example, if you own 10 shares of the company, then after the stock split you will have 100 shares of the company.

The record date for this Split is April 27 and the Ex-Split date is April 26.

That is, if you buy the shares of the company on or before 25 April, then you will be eligible for the split.

The company has a PE Ratio of 67.89, and a Debt to Equity Ratio of 0 ie it is a debt-free company.

In terms of profitability, the company has a return on equity of 24.88%, and a net profit margin of 25.67%.

The company's sales have compounded at a rate of around 14.80% in the last 5 years.

The company's share price has grown by 194.18% in the last one year.

In the last 5 years, the company has given an annualized return of 81.45%.

The second company is Jubilant Foodworks Ltd.

This company is the largest quick-service restaurant company in our country.

This company also operates the Domino's Pizza brand in India.

On February 2, 2022, the company announced a stock split of 10 for 2.

That is, every 1 share you bought will be converted into 5 shares.

For example, if you own 10 shares of the company, then after the stock split you will have 50 shares of the company.

The record date for is split is April 20 and the ex-split date is April 19.

That is, if you buy the shares of the company on or before April 18, then you will be eligible for it.

The company has a PE ratio of 85.40, and a debt to equity ratio of 1

In terms of profitability, the company has a return on equity of 17.98%, and a net profit margin of 7.15%.

In the last 5 years, the company's sales have compounded at a rate of about 6.32%.

The company's share price has grown by 1.71% in the last one year.

In the last 5 years, the company has given a compounded annual return of 40.54%.

So these were the 2 companies whose ex-split dates are near.

In companies, you can see your name and their ex-split date on your screen.

Do tell us by commenting whether you have invested in any of the companies or are you going to invest or not?

We remind you that these videos are for educational purposes only, and do not recommend any kind of buy/sell.

We hope that you will like this video.

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