Bajaj Finserv rises as board considering stock split and bonus share issue

The share touched a 52 week high of Rs 19,319.95 and a 52 week low of Rs 10,777.00 on 19 October 2021 and 1 July 2022 respectively.

Bajaj Finserv share price rose nearly four percent intraday on July 26 after the company said the board will meet on 28 July to consider a proposal for a stock split and issue of bonus shares.

Bajaj Finservs board will consider the proposal of sub-division of shares of face value Rs 5 each. It will also consider the proposal of issue of fully-paid bonus shares to members of the company.

The share touched a 52 week high of Rs 19,319.95 and a 52 week low of Rs 10,777.00 on 19 October 2021 and 1 July 2022 respectively.

Currently, it is trading 33.49 percent below its 52 week high and 19.24 percent above its 52 week low.