ट्रेंडिंग न्यूज़

₹1465 Electrical Stock Up 597%, Split Announced; Massive Gains

Wonder Electricals Share: Wonder Electricals Ltd (NSE: WEL) has announced a stock split. The company will divide one share into 10 parts. 

However, investors did not seem very happy with this decision. Let us tell you, during the last year, the price of the company’s share has seen a rise.

The News Came The Day Before Friday

In the news released to stock exchanges on the 22nd of August, it was reported that a share having a face value of 10 rupees can be split into 10 components. After the stock split the value of the share will drop to  1 rupees.

The company hasn’t disclosed the record date for the stock split. It is however expected that the company will reveal the date of the record shortly.

On Friday, the share traded at 1,617.85 rupees which was an increase from the closing price on Thursday. At the same time, the company’s share reached an intra-day high of Rs 1620. 

This is the company’s 52-week high. However, after reaching this level, the company’s share fell by 11.75 percent to an intra-day low of Rs 1149.65. On Friday, the market closed at Rs 1464.55.

What Is The Performance Of The Company On The Market For Stocks?

Wonder Electricals Ltd’s share price has seen a rise of over 529 percent in the last year.

In the same way, investors who held the share for 6 months have earned profits of 294 % to date. In the last month, the stock price has increased by 17 percent.

Next Month The Company Will Trade As An Ex-dividend Stock

The company will pay an amount of 1 rupee per share. The company’s share will be traded as ex-dividend stock on the 18th of September. The company will pay a one-rupe dividend per share to eligible investors.

Wonder Electricals Ltd Stock Performance

Current Price₹ 1,464
52-wk High₹ 1,620 
52-wk Low₹ 231
5 Days Return-3.62%
1 Month Return17.45%

Key Fundamentals Parameters

Market Cap₹ 1,962 Cr.
Stock P/E175
Book Value₹ 65.6
Dividend0.07 %
ROCE15.9 %
ROE13.8 %
Face Value₹ 10.0
P/B Value22.3
OPM4.05 %
EPS₹ 8.36
Debt₹ 64.6 Cr.
Debt to Equity0.73

Wonder Electricals Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 297 Cr
2021₹ 205 Cr
2022₹ 398 Cr
2023₹ 402 Cr
2024₹ 684 Cr

Last 5 Years’ Net Profit:

2020₹ 4 Cr
2021₹ 5 Cr
2022₹ 7 Cr
2023₹ 6 Cr
2024₹ 11 Cr

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

careermotto

A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.

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