This pharma company will do a stock split! 1 share will constitute 10 shares; Record date after 8 days

moneycontrol | October 01, 2023, 15:00 IST | New Delhi, India |

Published by: Sahil Vaniya

It reached a record high on Friday, September 19. Profit-booking eased the price but still the stock remained in a strong position and closed up 2.83 percent at Rs 1809.85 on BSE.

  New Delhi: The shares of Themis Medicare, a small cap company in the pharma sector, have made huge profits for investors.  From long-term to short-term, it has given spectacular returns.  This month it has already distributed a dividend of Rs 5 to the shareholders and now it is going to do a stock split.  Investors will get 10 shares for one.  Talking about the returns of stocks, it has proved to be a multibagger and has made investors millionaires.  It reached a record high on Friday, September 19.  Profit-booking led to a slight softening in prices but still the stock remained in a strong position and closed up 2.83 per cent at Rs 1809.85 on BSE.

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New Delhi: The shares of Themis Medicare, a small cap company of the pharma sector, have made huge profits for the investors. From long-term to short-term, it has given spectacular returns. This month it has already distributed a dividend of Rs 5 to the shareholders and now it is going to do a stock split. Investors will get 10 shares for one. Talking about the returns of stocks, it has proved to be a multibagger and has made investors millionaires. It reached a record high on Friday, September 19. Profit-booking led to a slight softening in prices but still the stock remained in a strong position and closed up 2.83 per cent at Rs 1809.85 on BSE.

When is the record date – The record date for the split of Themis Midcare shares has been fixed. According to the information given by the company in the exchange filing, Tuesday October 10 has been fixed as the record date for the stock split in the ratio of 1:10. After the stock split, the face value of the shares with a face value of Rs 10 will remain at Rs 1.

Earlier, the company had distributed a dividend of Rs 5 per share to the investors. The record date for it was fixed as 1 September 2023 but later it has been changed to 9 September. This was the final dividend for the financial year 2022-23.

Crorepati made by Rs 18 share – Themis Midcare shares were trading at just Rs 18.10 on 22 February 2002. Now it is at Rs 1809.85 ie, in 21 years it has made investors millionaires. Not only in long term but also in short term he has made great earnings.

If we talk about the previous one year timeframe, it was at a one year low of Rs 875.10 on 11 November 2022 last year. It then jumped nearly 109 percent in just 10 months to reach 1825 on September 29, 2023. This is his record high. It has grown over 56 per cent in April-September in the first six months of that financial year.

(Disclaimer: The investment advice given here represents the personal views of the experts. Neither News 18 Gujarati nor its management is responsible for the same. Be sure to consult your financial advisor before making any investment.)

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