Bharat Dynamics stock split: PSU fixes record date for 1:2 share split—check out share price target

Bharat Dynamics stock split record date: Bharat Dynamics has fixed May 24 as the record date for the 1:2 share split. The mid-cap defence public sector undertaking (PSU) approved stock split in the proportion of 1:2, earlier. 

The PSU's regulatory filing dated April 29 said, " We wish to inform you that, the Company has fixed Friday 24 May, 2024 as the Record Date for the purpose of determining the eligibility of
shareholders for sub-division/ split of existing 1 (One) Equity Share of face value of Rs. 10/-(Rupees Ten Only) each fully paid up into 2 (Two) Equity Shares of face value of Rs. 5/- (Rupees
Five Only) each fully paid up."

The aerospace and defence sector firm's filing dated March 21 said, "Approved the sub-division/ split of existing 1 (One) Equity Share of face value of Rs. 10/- (Rupees Ten Only) each fully paid up into 2 (Two) Equity Shares of face value of Rs. 5/- (Rupees Five Only) each fully paid up, subject to shareholders' approval."

Bharat Dynamics share price target

According to the stock research portal Trendlyne, the consensus target for BDL is at Rs 1,820 per share as of May 1, 2024. 

Bharat Dynamics dividend history 

Bharat Dynamics share price history 

The 52-week high price of BDL shares on BSE is Rs 2097.7 hit on April 25, 2024, and a 52-week low price is Rs 901.00 apiece (as on October 25, 2023). The company has a market capitalisation of Rs 36,261.28 crore, as per data available on BSE. Bharat Dynamics shares have offered attractive returns of over 100 per cent in the last 6 months and over 600 per cent in the last 5 years. 

For all other news related to business, politics, tech and auto, visit Zeebiz.com.