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This company is PC Jeweller Ltd. The share of the company was at a price of Rs 50 in June 2024. At the same time, now the share is beyond Rs 150. However, the company's stock has touched an all-time high of Rs 600.

 

The board meeting of the company is scheduled to be held on 30 September 2024. A decision on share split will be taken in this board meeting. Reducing the face value of a share is called share split. That is, if the face value of a share with a face value of Rs 10 is reduced to Rs 2, then the share will have to be divided into 5 parts. Along with the split, the market price of the share on the record date will also be adjusted into 5 parts. Share split is done especially for the purpose of increasing liquidity and volume. The purpose of share split is to make more and more retail investors shareholders.

 

 

Promoters' stake is 54.53 percent. There has been no change in the last 5 quarters. FIIs i.e. foreign institutional investors have increased their stake from 0.93 percent to 2.57 percent in the June quarter as compared to the March quarter.

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