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Rolex Rings shares gain 3% as board approves stock split 

Rolex Rings shares gain 3% as board approves stock split 

Rolex Rings shares gained 3.56% to Rs 1448.85 against the previous close of Rs 1398.65 on BSE.

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Aseem Thapliyal
Aseem Thapliyal
  • Updated Sep 4, 2025 3:26 PM IST
Rolex Rings shares gain 3% as board approves stock split  The split of equity shares will make the shares more affordable and attractive to invest

Shares of Rolex Rings rose over 3% on Thursday after board of the firm approved a stock split in the ratio of 1:10 . Rolex Rings shares gained 3.56% to Rs 1448.85 against the previous close of Rs 1398.65 on BSE. Market cap of the firm stood at Rs 3,775 crore.

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The split of equity shares will make the shares more affordable and attractive to invest, thereby encouraging greater participation of retail investors and will also enhance the liquidity of the company’s shares in the market.

The expected time of completion of stock split is approximately within 2 months from the date of approval of the Members of the Company and subject to the completion of the statutory requirements.

Rolex Rings is engaged in manufacturing of forged & machined bearing rings and automotive components.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

ABOUT THE AUTHOR

Aseem Thapliyal
Aseem Thapliyal

A journalist with over 12 years' experience, who tracks trends in the share market and writes stock market stories. An active follower of Sensex and Nifty, I capture stocks in news and analysis by share market experts and brokerages on their outlook and price targets. I cover company news/earnings leading to a rally or crash in particular stocks or stock market indices. Also track impact of global stock markets on their Indian peers. I have worked with Live Mint and NDTV Profit in previous stints. My hobbies are exploring new places, travelling, watching movies, spending time with friends and family, watching web series, playing cricket and football. I have completed graduation from Delhi University along with a PG Diploma in journalism from IIMC. I can be reached easily via social media platforms.

Published on: Sep 4, 2025 3:26 PM IST
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