45.45% returns from 52-week low; Board likely to announce bonus shares on September 24

SMC Global Securities Limited informed that the Board of Directors of the company is scheduled to be held on Wednesday, September 24, 2025, inter alia, to consider and recommend for approval by the shareholders, the proposal for issuance of bonus Equity Shares by way of capitalisation of reserves.

Incorporated in 1994, SMC Global Securities Ltd is a diversified financial services company. It operates in various segments, including broking, distribution, trading, financing, and insurance broking through its subsidiaries. Key subsidiaries include SMC Insurance Brokers Pvt Ltd for digital-first insurance broking, Moneywise Financial Services Pvt Ltd as its NBFC arm offering loans, and SMC Capitals Ltd for merchant banking and M&A advisory. Additionally, the company provides discount broking through its platform Stoxkart, wealth management via SMC Investments & Advisors Limited, and broking and clearing services on international exchanges through SMC Global IFSC Pvt Ltd. The company also has a presence in the real estate sector.

The company has a market cap of over Rs 1,600 crore and has been maintaining a healthy dividend payout of 17.2 per cent. The hares of the company have a PE of 12 whereas the industry PE is 16x. In Q1FY26, the company reported net sales of Rs 425 crore and net profit of Rs 30 crore while in FY25, the company reported net sales of Rs 1,778 crore and net profit of Rs 148 crore. The stock is up by 45.45 per cent from its 52-week low of Rs 99 per share.

Disclaimer: The article is for informational purposes only and not investment advice.