EaseMyTrip share price zooms 17% as stock trades ex-bonus, ex-split - check ratio, record date

EaseMyTrip Bonus, Split Record Date: EaseMyTrip or Easy Trip Planners is in focus today as the stock of the travel company turns ex-bons and ex-split date today. The counter zoomed more than 17 per cent as Street cheered the corporate actions. The stock opened at Rs 53 apiece after bonus and split adjustments. The strong buying sentiment saw the scrip hitting intraday high of Rs 57.30 apiece on NSE at 9:20 AM. At 10:20, the stock quoted Rs 52.30 apiece. 

The stock had settled at Rs 381.95 apiece in the previous trading session on Friday, November 18.

Bonus and split are corporate actions. When a bonus share is issued, the price of the stock is adjusted in the ratio of the bonus. Likewise, when a company announces to split its share, then the price of the stock is adjusted in the same ratio and its face value splits. 

In both the cases, the number of outstanding shares in the secondary market increases and the stock becomes cheaper.

Easy Trip Planners Bonus Share Ratio

Easy Trip Planners has announced to issue bonus shares to its shareholders in the ratio of 3:1. It means that the company will give 3 bonus shares or additional shares for every 1 share held on the record date.  

Easy Trip Planners Split Share Ratio

Easy Trip Planners has declared stock split in 1:2 ratio. It means that one additional share will be issued for every two shares. After the split, the face value of the stock will become Re 1 per share.

Easy Trip Planners Bonus, Split Record Date 2022

Easy Trip Planners has fixed November 22 as the record date for bonus and split.

Easy Trip Planners share price has corrected by around 15 per cent in the past 6 months. The stock has yielded a positive return of 43 per cent in 2022 so far. The 52-week range of the stock is Rs 476.50 - Rs 53.00.

At today's share price levels, Easy Trip Planners' market cap is at Rs 1.21 thousand crore, as per the NSE. Also Check- Dividend Stocks Today, November 21: Oil India, 3M India, ONGC, Mazagon Dock Shipbuilders among 10 stocks to trade ex-date today

Click Here For Latest Updates On Stock Market | Zee Business Live