Karnika Industries Surges 13.81% as 4:1 Bonus Issue Record Date Takes Effect

New Delhi, August 29, 2025: Shares of Karnika Industries Limited (NSE: KARNIKA) witnessed a massive rally on Friday morning trade as the stock jumped by close to 14% (13.81%) and reached ₹204, and also hit a 52-week high of ₹212.80. The primary reason for the surge is attributed to the record date (29 August, being the ex-date) of its 4:1 bonus share, thereby increasing buying interest in the share.

4:1 Bonus Issue Record Date on 29 August Drives Stock Activity

The company has declared a 4:1 bonus issue, entitling shareholders to receive four additional shares for each share they hold. The record date is 29 August 2025, with a face value of ₹10 per share. With the stock turning ex-bonus today, market activity has surged notably. Earlier, the company had also announced an interim dividend of ₹0.10 per share in March 2025.

About Karnika: New Delhi-Based Apparel Company Listed on NSE SME Emerge

Karnika Industries Limited, a company engaged in the garments and apparel sector, was listed on the NSE SME Emerge platform on October 12, 2023. The company has consistently rewarded shareholders, with today’s 4:1 bonus issue marking a major expansion of its equity base and enhancing liquidity in the stock.

Shares Jump to ₹204, Touch 52-Week High of ₹212.80

The stock is trading at ₹204, up ₹24.75 (+13.81%) as of 09:35 AM IST. Its market cap stands at ₹1,264.75 crore, with a free float market cap of ₹336.52 crore. The stock recently hit a 52-week high of ₹212.80 (29-Aug-2025) and a low of ₹45.61 (02-Sep-2024), with 59.77% deliverable volume. The company’s P/E ratio is 61.63 compared to the Industrial Average of 53.95. Following today’s surge, the stock has risen by nearly 44% over the past month.

The 4:1 bonus issue of Karnika Industries is now effective, entitling shareholders to four additional shares per existing share. With the stock turning ex-bonus today, liquidity has increased, and the stock has surged to a 52-week high of ₹212.80, marking a significant expansion of its equity base.

REF: https://www.nseindia.com/get-quotes/equity?symbol=KARNIKA

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