On October 17, four companies executed stock splits in ratios of 1:10 and 1:5, just before Dhanteras. Stock splits are generally used to enhance liquidity and make shares more affordable for investors. Only those holding shares in their demat accounts by October 17 are eligible. Among these, two are penny stocks and two are small caps. Here’s what investors need to know:

AB Infrabuild, a smallcap company on BSE involved in civil construction, has split its shares for the first time. The split is in a 1:10 ratio, meaning one share with a Rs 10 face value is now ten shares at Re 1 each. Before the ex-date, the share price was Rs 197.25 on BSE, having surged by 128.43% year-to-date. On the ex-date, shares traded at Rs 19.20, down by 2.54%, with a market cap of Rs 1,226.48 crore.

Narmada Macplast, operating in the plastic products sector, is splitting its shares in a 1:5 ratio. This means one share with a Rs 10 face value becomes five shares at Rs 2 each. The record date is October 18, but the ex-split date was October 17 due to market closure on Saturday. At the time of writing, Narmada’s stock was at its upper circuit of Rs 32.95 with a market cap of Rs 119.38 crore.

The stock split follows Narmada Macplast’s bonus issue of 36,23,000 equity shares at a 1:1 ratio for members listed as of October 10, 2025. As a penny stock, it gained 5% to close at Rs 157.10 before the ex-split on BSE and has risen by 55% year-to-date.

Rolex Rings Stock Splits

Rolex Rings, a smallcap in the auto components sector on BSE, is splitting its shares in a 1:10 ratio. This means one equity share will become ten new shares with a face value reduced from Rs 10 to Re 1 each. Both the record date and ex-date were set for October 17.

On the ex-date, Rolex Rings’ stock traded at Rs 128.30 on BSE, down by 3.32%, with a market cap of Rs 3,494.03 crore. On October 16, it ended at Rs 1,327.10 after rising by 2.4%. However, year-to-date, the stock has decreased by 28.5%.

Sunrakshakk Industries India Stock Split

Sunrakshakk Industries operates in textile products and trades as a penny stock on BSE. The company is splitting its shares in a ratio of 1:5; thus, one existing share will become five shares with the face value reduced from Rs 10 to Rs 2 each.

On October 17’s early trade on BSE, Sunrakshakk’s stock was priced at Rs 258.70 apiece, up by 3.2%, with a market cap of Rs 802.14 crore. After market hours on October 16, it closed at Rs 1,260.10 apiece, down by 0.6%. Year-to-date before the split, it had climbed by an impressive 81%.

These stock splits reflect strategic moves by companies to enhance share liquidity and accessibility for investors while potentially boosting market interest and trading volumes.