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Stocks To Split In February 2022
Splits or division of shares by a company for increasing liquidity and as the outstanding number of shares in the market are definite in number they are divided further into further small shares and this process is referred as stock split.
So, likewise, to address the various concerns companies' announce such stock splits:
1. Schaeffler India:
The split date or ex-split date for the bearing stock is February 8 and the share will be split from the earlier FV of Rs. 10 to new FV of Rs. 2. Schaeffler is a mid cap company actively engaged in innovating and shaping the global pace of change. With innovative technologies, products, and services for CO₂-efficient drives, electric mobility, Industry 4.0, digitalization, and renewable energies, the company is a reliable partner for making motion and mobility more efficient, intelligent, and sustainable.
In the December ended quarter, FIIs have increased stake in the company, while mutual funds lowered their holding in the company.
2. Shree Ganesh Biotech:
Shree Ganesh Biotech (India) Limited is a Kolkata based Company mainly engaged in the trading of seeds and bhushi. The company is mainly into the business of production, processing and marketing of high quality hybrid seeds for different crops like corn, sunflower, cotton, paddy, grain sorghum, etc.
The company has divided the existing FV of Rs. 10 to Rs. 1. Last the stock in the pre-opening trade on February 3, 2022 traded higher at Rs. 134.95 per share.
3. Bhatia Communications and Retail:
The company has announced split in its face value to Rs. 1 per share. The stock in trade today has hit 52-week high price of Rs. 266.85 per share.
Gujarat based small market cap company is into the business of trading into mobile phones & accessories. More than 2000+ technical experts are helping the company's customers to choose the right mobile device according to their needs and budget.
4. JBM Auto:
The auto ancillary company has also announced stock split from previous face value of Rs. 5 to Rs. 2 per share. Incorporated in the year 1996, JBM Auto Ltd. is the flagship company of JBM Group. The company has diversified into bus manufacturing with an aim to become a globally benchmarked producer of modern intra-city buses.
Other companies that are seeing stock split on February 3, 2022
| Stock | Existing FV | New current FV |
|---|---|---|
| Sindhu trade | 10 | 1 |
| Integra garment | 3 | 1 |
| Aakash Exploration | 10 | 1 |
What should be the look out for investors or shareholders of the stock going for a stock split?
Here interesting fact is that the investment value and market capitalisation of the stock remains the same even after the stock split. But investors should look out for the scenario that they if they hold a particular scrip which has announced for a split i.e. say may be in the ratio of 1:2 then for 1 share held by the shareholder, post the split here holding in the scrip shall become 2.
Disclaimer:
The above list is just for information only and not intending to nudge you to buy into these shares.
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