Algoquant Fintech Surges 19% on Record Date for 8:1 Bonus Issue, 1:2 Stock Split

Stock Performance

Shares of Algoquant Fintech hit a fresh record high of ₹91.70, rallying 19% intraday on August 18, 2025, as investors reacted positively to key corporate actions.

The surge came on the record date for the company’s 8:1 bonus issue and 1:2 stock split, measures aimed at rewarding shareholders and boosting liquidity.

Bonus Issue in 8:1 Ratio

• Shareholders will receive eight bonus shares for every one share held.

• The bonus issue will be funded through the company’s free reserves.

• This move enhances investor holdings without additional cost and improves overall shareholder value.

Stock Split from ₹2 to ₹1

• Each share of ₹2 face value has been split into two shares of ₹1 each.

• This doubles the number of outstanding shares and makes the stock more affordable for retail investors.

• The company had earlier conducted a 5:1 stock split in December 2021.

Q1 Results

Despite the positive corporate actions, Algoquant Fintech reported weaker quarterly earnings:

• Net Profit: ₹4.44 crore, down 68.1% YoY

• Revenue: ₹54.50 crore, down 16.9% YoY

Multibagger Journey

• 5-Year Rally: 14,300%

• 1-Year Gain: 64%

• 6-Month Gain: 58.5%

• From 52-Week Low: Up 108% (₹4 in April 2025 → ₹91.70 in August 2025)

Company Background

Founded in 1962 and headquartered in New Delhi, Algoquant Fintech Ltd. (formerly Hindustan Everest Tools Ltd.) is engaged in financial instrument trading. It is a subsidiary of Algoquant Investments Pvt. Ltd.

Summary

Algoquant Fintech share price rallied 19% on August 18, 2025, hitting a record high as the company executed its 8:1 bonus issue and 1:2 stock split. Despite weaker Q1 earnings, the stock continues to attract strong investor interest, with a multibagger return of 14,300% in the past five years.