Multibagger Stock: RDB Realty & Infrastructure Announces Stock Split

RDB Realty & Infrastructure is set to split its shares into 10 parts. The company has announced the record date for this stock split.

Record Date This Month

The shares of RDB Realty & Infrastructure will be split into 10 parts. The company has stated that a single share with a face value of ₹10 will be divided into 10 shares, reducing the face value to ₹1 per share after the split. The record date for this stock split has been set for February 28.

If you want to take advantage of this stock split, you must purchase the company’s shares by February 27, as it is the last trading day before the record date.

How is the company’s performance in the stock market?

On Monday, the company’s shares closed at ₹551.15. Over the past six months, the stock price has surged by 27%. In the last year, the stock has gained over 200%. The company’s 52-week high stands at ₹612.65, while the 52-week low is ₹115.88. The company’s market capitalization is ₹959 crore.

In the last two years, this multibagger stock has delivered a return of over 1,300%. Over three years, the stock price has surged by more than 1,600%. In the last five years, RDB Realty & Infrastructure shares have skyrocketed by 2,500%, whereas the Sensex index has grown by 85% during the same period.

After a long time, a significant movement is expected in the company’s shares. From 2013 to 2015, the company paid a dividend of ₹1 per share each year. However, since then, the company has neither announced any dividends nor issued any bonus shares.

(This is not investment advice. The stock market is subject to risks. Always consult financial experts before making any investment decisions.)