Cool Caps announces record date for stock split & bonus share
In a recent development, Cool Caps Industries, a leading manufacturer of plastic caps for beverages, has announced a stock split and bonus share issue. The company’s board of directors has recommended a 1:5 stock split, which will reduce the face value of the shares from ₹10 to ₹2. Additionally, the company will issue a 1:1 bonus share, also with a face value of ₹2. The record date for this stock split and bonus issue has been set as July 4, 2025.
Cool Caps Industries is a well-established company with a market capitalization of over ₹900 crore. The company has a strong track record of financial performance, with a Return on Equity (ROE) of 26%. This stock split and bonus issue is seen as a way to increase the liquidity of the shares and make the company more attractive to investors.
The stock of Cool Caps Industries has been on a strong run recently, giving over 150% multibagger returns from its 52-week low. This is a significant achievement for the company, and the stock split and bonus issue are expected to further boost investor sentiment.
The stock split and bonus issue are expected to increase the total number of shares outstanding, which could lead to a decrease in the stock’s price. However, this could also make the stock more attractive to investors who are looking for a low-cost way to gain exposure to the company’s growth potential.
Cool Caps Industries is a leading player in the plastic caps market, and the company’s products are used by some of the largest beverage companies in the world. The company’s products are known for their quality and durability, and the company has a strong reputation in the industry.
The stock split and bonus issue are expected to be a major positive for the company’s shareholders, as it will give them more shares in the company and increase their potential returns. The company’s financial performance has been strong in recent years, and the stock split and bonus issue are expected to further boost investor confidence in the company.
In conclusion, the stock split and bonus issue announced by Cool Caps Industries are expected to be a major positive for the company’s shareholders. The company’s strong financial performance and growth potential make it an attractive investment opportunity, and the stock split and bonus issue are expected to further boost investor sentiment.
