Stock split alert! Last day to buy this Mukul Agrawal-backed stock that rallied 107% in 4 months

Ace investor Mukul Agrawal-backed engineering services company Taal Tech has fixed September 22 (Tuesday) as the record date for its 1:5 stock split, making today the last day for interested investors to buy the stock to be eligible for the corporate action.

As per Sebi's T+1 settlement norm, investors need to buy a company's shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy Taal Tech’s shares to be eligible for the stock split.

Also read | Mukul Agrawal’s portfolio: Top 5 stock holdings and their one-month performance

What Taal Tech’s 1:5 stock split means for shareholders?

While the number of outstanding shares increases during a stock split, the company’s overall market capitalisation remains unchanged. A lower share price can make the stock more accessible to retail investors, potentially improving participation and trading volumes. A 1:5 stock split means that every share held on the record date would be split into five shares, while the total value remains the same.

Let’s take an investor who holds 10 shares of Taal Tech worth Rs 100 each for example. The total value of her shareholding in the company stands at Rs 1,000. After the stock split takes effect, her 10 shares will be split into 50 shares worth Rs 20 each, keeping the total value of her stock holding the same at Rs 1,000.

Mukul Agrawal’s stake in Taal Tech

Ace investor Mukul Agrawal held around 9% stake in the company worth more than Rs 151 crore at the end of the April-June quarter of FY27, according to data on Trendlyne. The market veteran publicly holds 72 stocks with a net worth of nearly Rs 8,083 crore.

Taal Tech shares have jumped 81% in 2026 so far and 29% in a month. After hitting a 52-week low of Rs 2,616.10 apiece in May this year, the stock sharply rallied more than 107% to close at Rs 5,416.30 apiece on Friday.

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Meanwhile, Indian engineering services and product R&D company ASM Technologies remains Agrawal‘s top stock holding in terms of value. The ace investor owned more than 10% stake in the company at the end of the April-June quarter of FY27, with a holding value of nearly Rs 1,018 crore.

Disclaimer: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser. Debaroti Adhikary and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here.