After 14 Dividends, 1st Stock Split On Nov 11: Stockbroking Stock Hits 3rd Upper Circuit

Shardul Securities Ltd shares on Bombay Stock Exchange closed at 482.80 per share. The stock today hit 3rd consecutive upper circuit today. The company till date declared 14 dividends since September 6, 2002. It will now conduct its meeting of Board of Directors on November 11, 2024 to consider and approve financial results and consider the proposal of stock split. The company's market capitalisation stood at Rs 844.82 crore. Shardul Securities shares delivered 188% so far in 2024 and jumped 342% in last 1-year. Check details below:

Shardul Securities To Consider Financial Results & Stock Split

As per the exchange filing of Shardul Securities dated November 6, 2024, "We wish to inform you that the Board of Directors of Shardul Securities Limited will be meeting on Monday, November 11 to consider and approve the following:

1. To consider inter-alia Un-Audited Financial Results of the Company for the quarter and half year ended September 30, 2024 in terms of Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

2. To consider and approve the proposal for sub-division/split of existing Equity Shares of the Company having a face value of Rs. 10/- each, fully paid up, in such manner as may be determined by the Board of Directors and consequently alteration of MOA of the Company, subject to the approval of Equity Shareholders of the Company and other applicable approval(s) (if any)."

Shardul Securities Shares Performance

The 52-week high price of Shardul Securities Ltd shares on BSE is Rs 556.85 per share and 52-week low price is Rs 102.50 per share, respectively. Shardul Securities shares delivered returns of 150% in last 6-months, and soared 478% in last 3-years. In last 5-years, Shardul Securities stock zoomed 1103%.

Disclaimer: The stock highlights the stock split and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.