➡️Highlights:

Virat Leasing Ltd to split shares with a 267% return in 5 years.

The stock split will reduce face value from ₹10 to ₹5.

Record date for the stock split is set for May 16, 2025.

Shares recently saw a dip with lower circuit limits in April.

Stock price increased by 40% in the last year.

🌟Full Article:

Virat Leasing Ltd has announced a significant move to split its shares. The company will split each share with a face value of ₹10 into two, reducing the face value to ₹5 per share. The record date for this stock split has been set for May 16, 2025. This marks the first time the company has undertaken a share split, and it comes after an impressive return of 267% over the last five years for positional investors.

Currently, the stock price is under ₹100, and the company’s shares saw a 2% lower circuit limit on Friday, closing at ₹74.73. This follows a trend of multiple lower circuits being triggered in late April, including on 21st, 23rd, and 24th April.

Over the past year, Virat Leasing Ltd’s stock has gained 40%, and the 52-week high is ₹142.10, while the low has been ₹53. Despite these fluctuations, the stock has shown significant growth for long-term investors, making it an interesting option for potential investors.

It is important to note that the company has not issued any bonus shares or dividends so far. Investors should proceed with caution, as all investments are subject to market risks. Always consult with an expert before making any investment decisions.