What is the story about?
1:5 Stock Split: The Stock of this BSE 500 company will be in focus this week, as it turns ex-date for a stock split. The company will turn ex-date on
Friday, December 26. The company under discussion is a stockbroking and allied services firm with a market capitalisation of Rs 26,082.82 crore. The company is Nuvama Wealth Management Ltd.
Nuvama Wealth Management Stock Split
The company announced a stock split of 1:5, which means that one share of face value Rs 10 will become 5 shares of face value Rs 2 each."The sub-division/split of 1 (one) equity share of face value of Rs 10 (Rupees Ten) each, fully paid-up, into 5 (five) equity shares of face value of Rs 2 (Rupees Two) each, fully paid-up," the company said in an exchange filing dated December 8.
In simple terms, a 1:5 stock split means you get 5 shares for every 1 share you own, so if you hold 100 shares, they will become 500 shares. The total investment value stays the same, but the price per share is reduced proportionally.
Nuvama Wealth Management Record Date
The company has announced December 26 as the record date for this corporate action."Further to our intimation dated November 4, 2025, regarding the approval of sub-division/split of equity shares by the Board of Directors of the Company, we wish to inform you that pursuant to Regulation 42 of the Listing Regulations, the Company has fixed Friday, December 26, 2025, as the Record Date for the purpose of determining the eligibility of Members for the sub-division/split," the company said in the same exchange filing.
Nuvama Wealth Management Share Price
On Friday, the stock settled 1.7 per cent lower at Rs 7,173.25, down Rs 122.05.Nuvama Wealth Management Performance
Nuvama Wealth Management Ltd has shown mixed performance across different time horizons. In the short term, the stock declined, with a 1-week loss of Rs 177.80 (2.42 per cent) and a 1-month drop of Rs 166.25 (2.27 per cent), reflecting near-term volatility.On a year-to-date basis, it added Rs 199.65 (2.86 per cent), while the 1-year gain stood at Rs 304.95 (4.44 per cent), showing steady appreciation.
The most striking performance came over the 2-year horizon, where the stock surged by Rs 3,551.05 (98.04 per cent), nearly doubling in value, underscoring strong long-term investor returns despite short-term fluctuations.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
