Thread by @DrdhimanBhatta1

Stock split and bonus are considered important corporate actions though I believe buyback and dividend are better indicators as far as the management is concerned.
"Numbers for the long term show management integrity and honesty " @unseenvalue 2022.
Short thread 🧵 on stock (1/n

Split.
Please retweet for maximum reach.
Let's start.

JBM Auto, Schaeffler India, Rajratan Global Wire and Ramkrishna Forgings announced stock split earlier this year.

None of these companies are TCS, HDFC Bank or reliance industries but let's discuss the split (2/n).

Schaeffler India had split the face value of its shares from Rs 10 to Rs 2 and started trading ex-split starting February 8, 2022.

On a one-year basis, this counter too has delivered 112 percent return on the back of strong sales in Q2CY2022, order wins from key (3/n)

automotive OEMs and hiving off of the chain drive business globally. The company plans to achieve carbon neutrality and targets zero emission by 2040.
#Schaeffer

Again outlook for the forgings company is not too bright as electrification starts taking centre stage in the
(4/n)

evolution of automotives. But Ramkrishna Forgings, in a bid to woo investors and diversify its retail base split from face value of Rs 10 for each stcok to a face value of Rs 2 each on March 14, 2022. On a one-year basis the stock is up 3 percent but since the split, (5/n)

it has gained close to 18 percent.
#ramkrishnaforgings

Last but not the least is #Rajratan global wire Ltd.
One of the leading manufacturers of high carbon steel wire of the planet, specialising in automotive tyre bead wire, the stock started trading ex-split from (6/n)

March 14, 2022 with the face value of its stock split from Rs 10 to Rs 2. On a 1 year basis, the stock is up 200 percent and the key triggers include a strong growth outlook. In July, #Rajratan soared close to 50 percent on expectation of further improvement in market share.(7/n)

#Rajratan now plans robust investment to expand capacity. It has a 72,000 TPA manufacturing facility in Pithampur near Indore along with another unit in Thailand, with a production capacity of 40,000 TPA.
They are eyeing for 2030.

Generally post stock split,stocks become (8/n)

Dormant but these 3 companies have proved it wrong.

Which of these three Wil be MULTIBAGGER from here friends?

Not any recommendation for educational purposes only.

Thanks for your time 🙏✍️.