 "J&K Bank turns ex-stock split; stock rises 4%")
The Board of Directors of the Bank in their meeting held on August 04, 2014 had fixed September 05, 2014 as the Record date for purpose of Sub Division of each Equity Share of the face value of Rs. 10/- into 10 (Ten) Equity Shares of Re. 1/- each, the company said in a release.
On Wednesday, the bank's equity share of face value Rs 10/each ended at Rs 1,579.95 on the Bombay Stock Exchange.
The stock opened at Rs 160 and hit an intra-day high of Rs 177 so far. Over 2.7 million shares were traded on both the stock exchanges so far.
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