Rajnish Wellness has a market valuation of Rs 613 crore and is a small company operating in the pharmaceutical industry. Ayurvedic personal care products are manufactured and sold under the name Rajnish Wellness.

Regarding the stock split, the board of directors of the company has notified the stock exchange: “By section 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we would like to inform you that the board of directors of the company has identified Friday, July 22, 2022, as a “record” Date”, to split/divide company equity (1 share of Rs 10 to 5 shares of Rs 2) and issue 25,61,58,220 bonus shares (2: Rs 1 per share of 2 shares per 1 share).”

Shares of the BSE-listed company stood at Rs 239.50 as of today’s close, down 0.19% from yesterday’s close of Rs 239.95. Shares of Rajnish Wellness Ltd have climbed from Rs 9.80 on July 14, 2021, to their current levels last year, representing significant multiple returns of 2,343.88%. The stock has risen from Rs 20.45 on January 3, 2022, to its current level YTD, representing multiple returns of 1,071.15% YTD 2022. The share price has risen from Rs 31.30 on January 14, 2022, to its current level in the past six months, representing multiple returns of 665.18%. The stock has gained 33.54% in the past month and 3.57% in the previous five days. BSE’s Rajnish Wellness share price hit a 52-week high of Rs 245.00 on July 12, 2022, and fell to a 52-week low of Rs 9.10 on July 29, 2021. That means the stock is now trading 2.24% below its 52-week low and 2531.86% above its 52-week low. 98,312 shares traded on the BSE today.