Ami Organics Ltd shares witnessed decline of 1.74% on February 21, 2025 on Bombay Stock Exchange (BSE). The last trading price of the pharma stock on BSE stood at Rs 2242.15 per share. The scrip delivered shareholders eye-popping returns of over 100% in last 1-year when Sensex zoomed marginally by 3.70% and bse Healthcare Index surged 11.29%. The company has a market capitalisation of Rs 9,178.12 crore. The Return On Equity (ROE) of Ami Organics shares stood at 10.70%.
The Board of Ami Organics on February 21, 2025 considered and approved 1:2 stock split, implying 1 share will be subdivided into 2 new shares. Meanwhile, the record date for stock split is yet to be announced. It is worth mentioning that Max life insurance company limited has 3.65% stake in the company. Check key details below:
Ami Organics Approves Stock Split
According to the exchange filing of the company dated Feb 21, 2025, “this is to inform you that the Board of Directors of the company (“Board”) at their meeting held today i.e. Friday, February 21, 2025, inter-alia considered and approved the following matters:
1) Sub-division/split of the existing 1 (one) equity share of the Company having face value of Rs. 10/- (Rupees Ten only) each fully paid- up, into 2 (Two) equity shares having face value of Rs. 5/- (Rupees Five only) each, fully paid- up, by alteration of Capital Clause of the Memorandum of Association of the Company, subject to approval of the shareholders by way of Postal Ballot and any regulatory/ statutory approvals, as may be required under applicable laws.
Record Date For Stock Split
The record date for the purpose of the above-mentioned sub-division/split of Equity shares shall be decided by Board after obtaining the approval of the shareholders and will be intimated in due course, added the exchange filing.
Ami Organics Shares Performance
The 52-week high price of Ami Organics share on BSE is quoting at Rs 2643.50 per share and 52-week low price is Rs 1005.05 per share, respectively. Ami Organics shares 7.72% year-to-date and zoomed over 70% in last 6-months. During the same time, Sensex slipped 6.91% and BSE Healthcare fell 5.68%.
Ami Organics shares offered returns of 139.90% in last 2-years and surged 152.58% in last 3-years.
Ami Organics Dividend History
The company declared a total of 3 dividends since July 29, 2022. In last 1-year span, it recommended a dividend of Rs 3.00 per share. The stock maintains a dividend yield of 0.13%, according to Trendlyne.
Disclaimer: The story highlights stock split 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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