Multibagger stock : Rajneesh Retail manufactures and trades diamonds and jewelry in India and other countries. Rajneesh Retail is a small-cap company that small-cap is in the news for splitting its shares. Shares of Rajneesh Retail have given multi-bagger returns to investors. Earlier this year, the small cap company entered the beauty and wellness industry with the launch of a new salon and expanded its portfolio.

Rajnish Retail Share Price History

According to BSE Analytics, the small cap company's stock has given good returns, gaining 991.37 percent in the last 2 years. In the last 3 years, Rajnish Retail stock has soared over 1000 percent, while in the last 5 years, it has gained 8327.78 percent.

Rajneesh Retail Stock Split 2024

The company had announced plans to split its shares in June. Rajnish Retail had said that its board of directors has approved the split of 1 equity share into 5 equity shares, subject to approval by the members of the company and other regulators. This will be done in the ratio of 5:1 i.e. the face value of the company will increase from ₹ 10 to ₹ 5.

When is Rajneesh Retail Stock Split 2024 Record Date

Small-cap company Rajnish Retail has now fixed a record date to determine who will be eligible to participate in the stock split. "The board of directors of the company has fixed Friday, October 11, 2024, as the record date," the company said in an exchange filing on September 14.