Stock Split: Multibagger Turns 1 Share Into 10; Boasts 107% ROE, 1,147% 2 Yrs Return; Don’t Miss Record Date

Stock Split Alert: Multibagger stock, Websol Engineering Systems Limited, shares ended higher on Thursday, a day before its stock split record date. The company has announced a 1:10 stock split earlier. The Smallcap stock has given around 1,147% returns in two years.

Websol Engineering Systems share price closed 2.9% higher at Rs 1349 per share on BSE with a market capitalisation of Rs 5,697.65 crore on Thursday. The stock had touched an intraday high mark of Rs 1379 per share and an intraday low mark of Rs 1316 per share.

Websol Engineering Systems Stock Split

The company's board of directors had approved a stock split in the ratio of 1:10 earlier. The company's board of directors on September 29, had approved a stock split, also known as subdivision of equity shares.

The subdivision will be carried out in such a way that "1 (One) equity share having face value of Rs. 10/- (Rupees Ten Only) each, fully paid-up, be sub-divided/ split into 10 (Ten) equity shares having face value of Rs. 1/- (Rupee One Only) each," stated the company in its BSE filing.

Websol Engineering Stock Split Record Date

The company has fixed Friday, 14 November as the stock split record date. The company will determine the eligibility of shareholders for the corporate actions on this day. Which means, that shareholders owning the shares on or before the dividend record date can get the benefit of stock split. The stock has a return on equity of 107.88%.

Websol Engineering Share Price Trend

The company shares closed in green on Thursday. The stock had touched a 52-week high mark of Rs 1,891.10 per share on BSE on 8 January, 2025. Whereas, the stock dipped to its 52-week low mark of Rs 802 per share on 5 March, 2025. The stock has given around 160% returns in one month. However, its valuation has declined around 394.70% since the beginning of the year. The BSE Smallcap stock has given 61% returns in one year and around 1147.10% returns in two years.

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