Over 100% returns in 6 months, now stock split - Check record date, ratio, old and new face value

BLS E-Services is implementing a 1:2 stock split, meaning each existing share will be divided into two new shares. The company also announced a final dividend of ₹0.50 per share. This corporate action is aimed at increasing the stock's liquidity and making it more accessible to a wider range of investors by lowering the price per share.

This move is significant for investors as it can boost market sentiment and trading volumes. The stock has already delivered strong returns recently, and the combination of a split and dividend often signals management's confidence in the company's future growth. It provides an opportunity for retail investors to enter the stock at a lower price point.

Investors should mark the record date on their calendars to ensure they own the shares before the cut-off time to be eligible for both the stock split and the dividend. Following the announcement, the stock has faced some selling pressure, which is a common occurrence as traders adjust their positions ahead of the record date.