50% down from 52-week high: Board likely to announce stock split on September 04

DSIJ Intelligence-1 / 01 Sep 2025/ Categories: Bonus and Spilt Shares, Mindshare, Trending

50% down from 52-week high: Board likely to announce stock split on September 04

The stock is up by 18.4 per cent from its 52-week low and down over 50 per cent from its 52-week high.

Rolex Rings Limited informed that the meeting of the board of directors of the company is scheduled to be held on Thursday, September 04, 2025, to consider the following business:

  1. To consider the proposal of sub-division or stock split of the face value of equity shares of the company, subject to the approval of the members of the company.

Rolex Rings Ltd is a leading manufacturer of forged and machined components in India. The company specialises in producing hot-rolled forged and machined bearing rings and automotive components. It serves various industries globally, including vehicle manufacturing, industrial machinery, wind turbines, and railways. With its market leadership position, the company is recognised as one of the top five forging companies in India.

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The company has a market cap of Rs 3,772 crore with a PE ratio of 20x, an ROE of 19 per cent and an ROCE of 23 per cent. The stock is up by 18.4 per cent from its 52-week low and down over 50 per cent from its 52-week high.

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