New Delhi, Feb. 27 -- Shares of Motisons Jewellers have provided approximately a 200% return to IPO investors over a two-year period, aided by a 1:10 stock split. The company initiated its public offering in December 2023 at a price range of Rs.52- Rs.55 per share, with a lot size set at 250 shares, which meant an investor would need to invest Rs.13,750 at the upper end of the price band.
After the 1:10 stock split, the number of shares held by the investor increased from 250 to 2,500 shares. With the stock now trading at around Rs.15.80 per share following the split, the overall value of the investment amounts to roughly Rs.39,500 ( Rs.15.80 x 2,500).
This represents nearly a threefold increase from the initial investment, underscoring...
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