Hardwyn India shares go ex-bonus, ex-stock split

Hardwyn India share split: The board of the architectural hardware manufacturer had announced a bonus issue in the 1:3 ratio, i.e. one bonus share for every three shares held.

Hardwyn India stock split, Hardwyn India bonus: Hardwyn India shares finished up 7.61 per cent at Rs 50.2 apiece on NSE. Image: Pixabay/ Representational Image

Hardwyn India share price BSE, Hardwyn India stock split, Hardwyn India bonus: Hardwyn India shares surged on Monday, trading ex-bonus as well as ex-split. The Hardwyn India stock was locked in the upper circuit at 10 per cent at Rs 51.4 apiece on BSE after the adjustment for both corporate actions. Hardwyn India shares finished up 7.61 per cent at Rs 50.2 apiece on NSE.

Hardwyn India share split

The board of the architectural hardware manufacturer had announced a bonus issue in the 1:3 ratio, i.e. one bonus share for every three shares held.

Hardwyn India bonus share

The board had also announced a stock split in the ratio of 1:10, translating to the issuance of 10 shares for each share held in the company.

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What is ex-date?

Ex-date is the date on which the stock of a listed company starts to trade without the value of corporate action announced earlier, such as a dividend, a stock split or a bonus share.

Hardwyn India shares: Past performance

Hardwyn India shares have given a multibagger return of 276.4 per cent in the last one year, a period in which the blue-chip Sensex index has risen 13 per cent.

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