Transformers And Rectifiers (India) Ltd shares today hit lower circuit on Bombay Stock Exchange (BSE) and registered decline of 4.99% to Rs 382.70 per share. The stock witnessed spurt in volume by more than 1.17 times today. The company today issued bonus allotment update on 1:1 bonus share that the company had recommended. The market cap of the firm stood at Rs 11,487.35 crore. Its return on equity (ROE) is 13.54%.
It is worth mentioning here that the stock saw a steep dip of 15.52% in last 1-week but shares offered impressive returns in 3-digit in last 1-year with gain of 129.33%. This is the 2nd bonus issue of the company after a gap of 12 years. The company recommended a total of 2 bonus shares since June 13, 2013. Check key details:
TRIL Declares Update On Bonus Share Allotment
As per the exchange filing of the company dated Feb 17, 2025, “we hereby inform that the Allotment Committee of Board of Directors of Transformers and Rectifiers (India) Limited (the “Company”) at its meeting held today i.e., 17th February, 2025, has allotted 150082917 fully paid-up Bonus Equity Shares of the face value of Re.1/- each in the ratio 1:1 to the eligible members of the Company whose names appeared in the Register of Members / Register of the Beneficial Owners, as on Friday, 14th February, 2025, the ‘Record Date’ fixed for this purpose.”
Earlier, the Allotment Committee of the Company fixed Friday, 14th February, 2025 as the “Record Date” to determine the eligibility of shareholders for the purpose of allotment of 150082917 Bonus Equity Shares of Re.1/- each in the ratio of 1:1.
Transformers And Rectifiers Shares Performance
The 52-week high price of Transformers And Rectifiers shares on BSE stood at Rs 650.23 per share (as on 08/01/2025) and 52-week low price is Rs 151.00 per share (as on 20/03/2024), respectively. TRIL shares slipped 24.72% in last 1-week span, tanked over 35% year-to-date (YTD), and surged more than 11% in last 6-months. TRIL zoomed 1153.52% in last 2-years and soared 1827.96% in last 3-years. The stock offered highest returns in last 5-years as shares rose 7956.84%.
Transformers And Rectifiers Dividend History
The company recommended a total of 10 dividends since June 19, 2008. In last 1-year, it declared an equity dividend amounting to Re 0.20 per share. If the last trading price of Rs 860.70 is taken into consideration, it offers a dividend yield of 0.02%, according to Trendlyne.
Transformers And Rectifiers Stock Split History
The company split the face value of its shares once since September 28, 2017. It last sub-divided the face value of its stock from Rs 10 to Re 1 in 2017 with ex-split date set as September 28, 2017.
Shareholding
FII/FPI increased holdings from 9.34% to 11.08% for December 2024 quarter. Number of FII/FPI investors increased from 98 to 120 for December 2024 quarter. Mutual Funds increased holdings from 5.39% to 6.23% for December 2024 quarter. Meanwhile, Institutional Investors increased holdings from 16.27% to 18.76% December 2024 quarter. Goldman sachs funds – goldman sachs india equity portfolio has 2.64% stake in TRIL, according to Trendlyne.
Disclaimer: The story highlights bonus share allotment update 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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