A-1 Ltd Stock Rallies 5% Ahead of Bonus Issue and Split

A-1 Ltd's stock price went up by 5% in a day because the company announced that it will give bonus shares and split its stock.

The company will give 3 bonus shares for every 1 share held and split each share into 10.

This is to make the stock more liquid and reward shareholders.

The company also invested more in an electric vehicle (EV) company called A-1 Sureja Industries, where it now owns 51%.

A-1 Sureja Industries makes battery-operated two-wheelers and is growing fast.

A-1 Ltd's stock has given very high returns in the past, with a 3,100% increase in the last 5 years.

However, it has also been volatile, with a recent 31.20% drop in a month.