This share will go up to Rs 100, currently the price is Rs 36, 1 share will have 10 pieces.

New Delhi. Shares of Bridge Securities may see a rise in the coming days. It is a microcap company whose share price is currently Rs.36.50. The company has also announced a share split. The stock split will be in the ratio of 1:10. A record date has also been announced for this. Shares of Bridge Securities touched a 52-week high of Rs 36.51 after the record date announcement. We inform you that the company has fixed the record date of stock distribution on 10th July.

This share is likely to reach 100 rupees. Analyst VLA Ambala has said that the share can reach Rs 45 to Rs 100 in 2 to 8 months. He has set a stop loss of Rs 25 for the stock. The company’s shares have gained 22% in the last 5 days and 55% in one month. The stock has gained 103% in the last 6 months. This year so far this share has risen to 125 percent and in the last one year to 440 percent.

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Quarterly results
Bridge Securities Financial had earned a net income of Rs 0.32 crore in the last quarter of last fiscal. Its expenditure was Rs.0.02 crore. The company’s net profit in the fourth quarter of last fiscal was Rs 0.27 crore. Its net profit in the last financial year was Rs 0.40 crore.

What is a stock split?
In a stock split, a share is divided into several pieces. This does not affect the market cap of the company as the share price decreases proportionally. Due to this, your demat account will see more shares but the price will not change. They take the decision to split stocks when they feel that their shares have become too expensive and the common man will not buy them at that price.

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