1:5 Stock Split: IT Stock Jumps 5% After Company’s Board Approves Share Split

Synopsis: Shares of this stock surged 5% after announcing a 1:5 stock split to boost liquidity. The AI-driven adtech firm remains optimistic about growth, backed by global expansion and investments in advanced advertising technologies.

The shares of this company are a digital-first group specialising in AI-powered advertising, marketing, and consumer media platforms for businesses worldwide are in the spotlight after it rose by 5% in today’s market session following the Board’s approval of a stock split.

With a market capitalisation of Rs. 1,834 cr, the shares of Mobavenue AI Tech Ltd were trading at Rs. 1,223 per share, increasing 5% in today’s market session, making a high of Rs. 1,300, up from its previous close of Rs. 1,238.20 per share. 

Stock Split 

Mobavenue AI Tech Limited announced that its Board has approved a stock split in the ratio of 1:5, subject to shareholder approval. Under this proposal, each existing equity share with a face value of ₹10 will be split into five shares of ₹2 each, aiming to improve liquidity and make the stock more accessible to a wider set of investors.

The decision comes amid strong business momentum, with the company expanding its AI-powered advertising and consumer growth platforms across global markets. It continues to deepen integrations within advertising ecosystems while growing its presence across mobile, programmatic, and data-driven channels, supporting a broader revenue base.

Commenting on the move, Chairman and Co-founder Kunal Kothari highlighted confidence in the company’s long-term growth strategy. Mobavenue AI is also investing heavily in next-generation adtech capabilities such as predictive audience intelligence, real-time campaign optimisation, and privacy-first data solutions to strengthen its global positioning.

Mobavenue AI Tech Limited (formerly known as Lucent Industries Limited) is a digital-first technology company offering AI-powered advertising and consumer growth platforms. Designed to drive measurable and scalable growth, Mobavenue AI brings together advertising, marketing technology, data intelligence, and online strategy into a unified, outcome-focused ecosystem.  

The company has shown strong financial momentum, with robust year-on-year growth across key metrics. Revenue for Q3FY26 stood at Rs. 55.1 cr, up 67% from Rs. 33.0 cr in Q3FY25, while EBITDA more than doubled by 112% to Rs. 12.2 cr from Rs. 5.75 cr. Net profit also surged 107% to Rs. 7.61 cr from Rs. 3.67 cr, reflecting improved operational efficiency and scalability. EPS mirrored this growth, rising to Rs. 5.07 from Rs. 2.45. 

International expansion is strengthening geographic diversification, with global markets contributing 10.5% of year-to-date 9M revenue, while India remains the primary growth driver at 89.5%. Direct clients accounted for 73.8% of revenue, indicating strong client relationships and reduced dependence on intermediaries, while other channels contributed 26.2%.

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