Stock jumps after announcing 1:10 stock split and ₹14.5 dividendStock jumps after announcing 1:10 stock split and ₹14.5 dividend

Introduction:

Leading industrial solutions provider has announced a 1:10 stock split and a ₹14.50 per share dividend, alongside strong financial results. The company aims to enhance shareholder value while strengthening its market position with strategic expansions and governance improvements.

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Share price movement of Vesuvius India:

On February 27, 2025, Vesuvius India Ltd. opened at ₹4,097.80, up 1.30% from its previous close of ₹4,045.20. The stock reached a high of ₹4,165.00 (2.96%) and a low of ₹4,014.35. By 10:15 AM, it traded at ₹4,159.45, a 2.82% increase, with a market cap of ₹8,442.05 crore.

Vesuvius India Announces Stock Split:

Vesuvius India Limited’s Board approved key decisions in its February 26, 2025, meeting, including a 1:10 stock split and a ₹14.50 per share dividend for FY24. The company also reported its standalone audited financial results, showcasing stable performance.

The dividend record date is set for May 1, 2025, with shareholder approval expected on May 8. Additionally, the board approved the appointment of M/s Anjan Kumar Roy & Co. as Secretarial Auditor for five years, pending shareholder approval at the AGM.

To support growth, the company will finalize the record date for the stock split post-AGM approval. With an unmodified audit opinion on financials, Vesuvius India continues to reinforce investor confidence while positioning itself for long-term expansion.

Stock performance of Vesuvius India for Period of 1 week, 6 months and 1 year:

Vesuvius India Ltd. gained 6.40% over the past week, showing strong short-term momentum. However, the stock declined by 25.3% over six months, reflecting market volatility. Despite this, it delivered a solid 22.9% return over the past year.

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Shareholding pattern of Vesuvius India:

Particulars	Dec 2024	Sep 2024	Jun 2024
Promoter	55.60%	55.60%	55.60%
FII	4.10%	2.30%	2.30%
DII	20.70%	20.90%	21%
Public	20%	21%	21.20%

About Vesuvius India:

Vesuvius India Ltd. (NSE: VESUVIUS) specializes in manufacturing and trading refractory goods, serving both domestic and international markets. It offers shaped and unshaped refractories, along with repair and maintenance services, catering to industries requiring high-performance thermal solutions.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.