Stock Split Alert! Board of Metal Stock Approves 1:10 Split, 1 Share Becomes 10; Is A Rally On Cards?

An affiliate of the UCM Group of Industries is Unison Metals Limited. Unison Metals, a pioneer in the steel industry, especially in Gujarat, India, produces hot and cold rolled stainless steel sheets and stainless steel patta for a variety of industrial uses. Due to a board meeting to approve a stock split of existing 1 equity share of face value of Rs. 10/- each fully paid up, be sub-divided / split into 10 equity shares ofu face value of Rs. 1/- each fully paid up, Unison Metals' share price has been turbulent, with a big move on August 22, 2025. On Friday, the stock finished at Rs 24.16, up 0.88% from the previous close. The company's market value was Rs 71.57 Cr. The stock has shown moderate volatility over the past year. It touched a 52-week high of Rs 32.49 on December 30, 2024, while its 52-week low of Rs 20.62 on February 14, 2025 reflects a significant correction within the same period. Currently, the stock is trading at Rs 24.16, which is about 25.6% below its peak and 17.1% above its lowest point.

Unison Metals Stock Split

The Board of Directors of the company, in their meeting held on Friday has considered and approved "the sub-division of Company's equity shares of face value of Rs. 10/- each into face value of Re. 1/- each and subsequent alteration to the Memorandum of Association of the Company," said Unison Metals in a stock exchange filing.

"The split of equity shares will make the shares more affordable and attractive to invest, thereby encouraging greater participation of retail investors and will also enhance the liquidity of the company's shares in the market," Unison Metals informed stock exchanges.

The company's authorized share capital, which is Rs 350 crore, would not change, according to the capital structure information. However, the number of equity shares will rise from 3.42 crore shares of Rs 10 each to 34.25 crore shares of Rs 1 apiece, while redeemable preference shares will stay at 7.5 lakh shares of Rs 10 each. Similar to this, the total value of the issued, paid-up, and subscribed equity share capital will remain constant at Rs 296.22 crore, but the number of shares will increase dramatically from 2.96 crore shares of Rs 10 each to 29.62 crore shares of Rs 1 each.

Unison Metals Financials

According to Business Standard, Unison Metals' net profit dropped 26.72% to Rs 0.96 crore in the June 2025 quarter from Rs 1.31 crore in the June 2024 quarter. In the quarter that ended in June 2025, sales increased 152.89% to Rs 137.47 crore, up from Rs 54.36 crore in the quarter that ended in June 2024.

Unison Metals Share Price Target

"Unison Metals stock price is slightly bullish on the Daily charts with strong support at 23.3. A Daily close above resistance of 25 could lead to a target of 28 in the near term," commented A R Ramachandran, independent research analyst.

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