Rahul Gandhi's shares in this company increased 20 times...
Rahul Gandhi's shares in this company increased 20 times...Rahul Gandhi, the head of the lok sabha opposition, is a stock market investor as well. He has stocks in numerous companies in his portfolio. Vertoz Advertising, one of the stocks in his portfolio, had an incredible friday performance. The shares of the corporation saw a 5% increase and reached an upper circuit. Vertoz Advertising operates in the wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital space. friday, July 5th, saw a market capitalization of Rs 153.63 crore. With the stock split, rahul Gandhi's 260 shares in the company increased to 2600 shares, and with the bonus, this amount rose to 5200 shares. The congress leader has made a significant fortune as a result.Gain from the bonus and stock splitOn Thursday, Vertoz Advertising's shares closed at Rs 686.50. It was divided in a 1:10 ratio on Friday. Its cost increased to Rs 36 as a result. It saw a five percent increase on Friday. It had an upper circuit and closed at Rs 36.05. rahul gandhi owns 5,200 shares of the corporation as a result of the pre-split, pre-bonus, and price adjustments in this stock. 260 shares were transformed into 2600 shares following the stock split. 2600 shares were changed into 5200 shares following the bonus. The corporation had made an announcement regarding a 1:1 bonus problem. The bonus shares would be deposited by the corporation, according to the filing, on or before July 30, 2024.Received a bonus of one stock for each share.Vertoz Advertising divided each share, which had a data-face value of Rs. 10, into ten equal units, each of which had a data-face value of Rs. 1, according to a report published in the Economic Times. The Board of Directors has given its approval for this move, the corporation claims. The date of record was set for friday, July 5, 2024. The corporation announced that 10 shares with a data-face value of Rs 1 would be awarded for every equity share with a data-face value of Rs 10. For every share, there will also be a bonus of one stock.