What is stock split?
A stock split is a corporate action where a company divides its existing shares into multiple new shares to boost liquidity. Although the number of shares increases, the total market capitalization remains the same, effectively making the shares more affordable to smaller investors.
Upcoming Stock Splits 2024
The upcoming stock splits of September 2024 are as follows:
| Company | Old FV | New FV | Announcement | Record Date | Split Date |
| Onesource Ideas | 10 | 1 | 18-Jul-24 | 13-Sep-24 | 13-Sep-24 |
| Sportking India | 10 | 1 | 20-Jul-24 | Sep-24 | 13-Sep-24 |
| Andhra Paper | 10 | 2 | 14-May-24 | 11-Sep-24 | 11-Sep-24 |
| Sapphire Foods | 10 | 2 | 19-Jun-24 | 05-Sep-24 | 05-Sep-24 |
| Bondada Engineer | 10 | 2 | 15-Jul-24 | 02-Sep-24 | 02-Sep-24 |
Introduction Of Upcoming Share Split In September 2024
Onesource Ideas Ventures Limited
Onesource Ideas Ventures Limited is primarily engaged in the jewelry business, focusing on trading and investments. Based in India, it offers an array of jewelry products that cater to diverse consumer tastes and preferences, positioning itself in a niche market of high-value items.
Sportking India Limited
Sportking India Limited operates in the textile industry, specializing in manufacturing a wide range of yarns and garments. The company’s extensive product line caters to both domestic and international markets, leveraging advanced technology to maintain high-quality standards and competitive pricing.
Andhra Paper Limited
Andhra Paper Limited is a prominent paper manufacturer in India, focusing on the production of writing, printing, and copier papers. The company’s commitment to sustainable practices and quality control ensures it remains a preferred supplier for various industrial and educational sectors.
Sapphire Foods India Limited
Sapphire Foods India Limited is one of the largest restaurant franchisees in the Indian subcontinent, operating well-known brands like KFC, Pizza Hut, and Taco Bell. The company emphasizes providing exceptional service and quality food, securing a strong foothold in the fast-food industry.
Bondada Engineering Pvt Ltd
Bondada Engineering Pvt Ltd specializes in civil and structural engineering services, offering comprehensive solutions for infrastructure projects. The company prides itself on its technical expertise, project management skills, and commitment to safety, making it a reliable partner in the construction sector.
Stock Split 2024 – FAQs
A stock split does not inherently decrease the price of a stock. It simply increases the number of shares, reducing the price per share correspondingly, without affecting the company’s market capitalization.
Investing in a stock split can be beneficial if the lower price per share attracts more investors, potentially boosting the stock’s liquidity and marketability. However, the fundamental value of the company remains unchanged.
A stock split does not impact the company’s profit. It’s a reallocation of shares that increases the number of outstanding shares without affecting the company’s earnings or financial position.
The main disadvantages of a stock split include potential confusion among investors about the value of the stock, increased costs associated with additional administrative and transaction activities, and possible dilution of shareholder voting power.
The stocks Onesource Ideas, Sportking India, Andhra Paper, Sapphire Foods, and Bondada Engineering that are going to split soon can be checked through financial news sources or the announcements sections on stock exchange websites for the most current information.
