Getalong Enterprise, a rising star in the stock market, has announced a 1:10 stock split, catching the attention of investors. As per an update from the NSE, this corporate action aims to improve liquidity and make the shares more accessible to a broader investor base.
On January 1, 2025, Getalong Enterprise’s shares were trading at ₹502.15 on the BSE, reflecting a 1.91% decline. Despite this, the stock remains in the spotlight for its stellar performance and upcoming stock split. Investors eyeing this opportunity must act quickly as the record date is set for January 2, 2025.
What is the 1:10 Stock Split?
Getalong Enterprise plans to split its equity shares with a face value of ₹10 into 10 equity shares. This move is designed to:
- Increase Accessibility: By lowering the share price, smaller investors can participate.
- Enhance Liquidity: The increased availability of shares is expected to boost trading activity.
Important Dates to Note
- Record Date: January 2, 2025
To be eligible for the stock split, investors must own the shares by the record date. Under the T+1 settlement system, shares must be purchased by January 1, 2025, to ensure eligibility.
Performance of Getalong Enterprise Shares
Exceptional Returns for Investors
Over the past few years, Getalong Enterprise has delivered remarkable returns:
- Last Year: A 157.5% gain, categorizing it as a multi-bagger stock.
- Last Three Months: A growth of 10.85%.
- Past Two Years: An astonishing 576% return, multiplying investors’ wealth by six times.
This track record positions the company as a top choice for investors seeking high-growth opportunities.
Why Consider Getalong Enterprise?
- Consistent Growth: The company has demonstrated sustained performance over time.
- Stock Split Opportunity: The split could attract new investors and improve trading volumes.
- Market Buzz: The announcement has already generated significant interest, making it a stock to watch.
How to Secure Eligibility for the Stock Split
- Purchase shares by January 1, 2025.
- Ensure the transaction is completed in line with the T+1 settlement process.
- Verify eligibility via your brokerage platform before the record date.
Final Thoughts
Getalong Enterprise’s decision to split its shares highlights the company’s growth trajectory and commitment to investor accessibility. With its record-breaking returns and a promising future, the stock remains a compelling option for both seasoned and new investors.
Act fast, as the stock split deadline is approaching, and don’t miss the chance to be part of this incredible growth story.
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The information provided here is ai generated and for general information and educational purposes only. It is not intended to be personalized investment advice, nor should it be considered as a solicitation to buy or sell any security or financial product.