Anand Rathi Wealth Ltd shares today jumped 4.01% on Bombay Stock Exchange (BSE) after the company fixed record date and issued allotment update for 1:1 bonus share. Current market price of Anand Rathi Wealth shares on BSE stood at Rs 4015.55 per share on BSE. The company has a market capitalisation of Rs 16,668.68 crore. The stock offers impressive return on equity of 47.61%.
Anand Rathi Wealth stock witnessed stunning surge of over 10% in last 1-week when Sensex declined 0.83% in the same time. In last 2-years, the scrip gained 412.45%. It is worth noting that FII/FPI have increased holdings from 5.32% to 5.75% for December 2024 quarter. Check key details below:
Anand Rathi Sets Record Date, Issues Allotment Update Of Upcoming Bonus Share
The company informed via its BSE filing dated February 21, 2025, “we wish to inform you that the company has received In-principal approval from BSE Limited and National Stock Exchange of India Limited vide letter dated 18th February, 2025 for issue and proposed allotment of 4,15,10,317 Bonus Equity Shares of Rs. 5/- each in the ratio of 1(one) new equity share for every (1) existing equity share held in the Company.”
we hereby inform you that the Bonus Allotment Committee has fixed the “Record Date” as Wednesday, 05th March, 2025 (T Day) for the purpose of ascertaining the eligibility of shareholders entitled for allotment of Bonus Equity Shares.
we wish to inform you that the deemed date of allotment would be Thursday, 06th March, 2025 (T+1 Day) for allotment of 415,10,317 fully paid-up Bonus Equity Shares of Rs. 5/- each in the proportion of 1:1 i.e. 1 (One) new fully paid-up equity share of Rs. 5/- (Rupees Five only) for every 1 (One) existing fully paid-up equity share of Rs. 5/- (Rupees Five only) to the eligible shareholders as on the record date, added the BSE filing.
What Is Return On Equity?
Return on Equity (ROE) is key financial metric that helps in measuring how much profit a firm generates for each rupee of equity. It is a crucial indicator of a firm’s profitability and financial health. A high ROE suggests that a firm is earning more profit from its equity. But, if the ROE is very high, it will indicate company may not be using its funds efficiently and effectively. An ROE of 20% or more is considered good. Good return on equity (ROE) may fluctuate between 15% to 20% but ideal ROE may differ depending on the sector or industry.
Anand Rathi Shares Performance
The 52-week high price of Anand Rathi shares on BSE is Rs 4640.55 per share and 52-week low price is Rs 3382.15 per share, respectively. Anand Rathi shares offered surged over 8% in last 2-weeks when BSE Financial Services Index fell 2.71%. In last 1-year, the stock soared 9.15% and rallied 613.56% in last 3-years.
Anand Rathi Wealth Dividend History
The NBFC has recommended a total of 7 dividends since January 19, 2022. In last 1-year, Anand Rathi Wealth recommended an equity dividend amounting to Rs 16.00 per share. At the current share price of Rs 4640.55, Anand Rathi Wealth offers a dividend yield of 0.40%, according to Trendlyne.
Disclaimer: The story highlights bonus share and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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