Share Market: Jai Bharat Maruti Limited is on the list of companies making investors rich in the stock market in recent times. The company has doubled the investor’s money within just 6 months.
After a multi-bagger return, now the company has decided to split its shares. The company informed the regulators about the same on Tuesday.
In market filling, the company has said that shares with a face value of Rs 5 will be divided which, brings down the face value of the company’s shares to Rs 2. However, the company is yet to announce a record date for the stock split.
A well-performing share
Shares of Jai Bharat Maruti Limited closed at Rs 306.70 on the BSE after falling 5 per cent on Wednesday. Investors who would have bought and held this stock 10 years ago, their money would have gone up by 1650 per cent by the time.
Meanwhile, investors who bought this stock 3 years ago have got a 198 per cent return on holding till now.
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