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Bonus share and share split: Next week, a company related to iron and steel businesses will bring huge profits to its investors. The company name is Rehatan TMT. The Company will issue 11 bonus shares to its eligible investors for every 4 shares held. At the same time, 1 share is also divided into 10 parts. January 31, 2023 is the key date for this. Please advise that it was recently announced. The share price of Rehtan TMT is Rs.425.
The IPO took place in September 2022
Let us inform you that this stock was listed on BSE SME in September 2022. The IPO price was 70 rupees. Since then, this stock is up 507.14% (share return). If an investor invested £1,000 in the company’s shares four months ago, their par value today would be around £6,000.
That stake fell 95% to 17 rupees, one investor reduced from 1 lakh to ₹5000, the expert said – be patient
about the company
This company hails from Ahmedabad, Gujarat. A company named Rehtan Rolling Mills Private Limited was incorporated on January 26, 1984. The company manufactures TMT rods and round rods, which are mainly used in the construction industry.