Home / Markets / News / Tata Steel up 2% in a weak market on stock split plan; zooms 13% in 3 mths

Tata Steel up 2% in a weak market on stock split plan; zooms 13% in 3 mths

A stock split is generally undertaken to make the stock more affordable to small retail investors and increase liquidity

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2 min read Last Updated : Apr 18 2022 | 10:07 AM IST

Shares of Tata Steel were up 2 per cent at Rs 1,349.80 on the BSE in Monday's intra-day trade, in an otherwise weak market, after the company said the board will meet on May 3, 2022 to consider stock split proposal.

At 09:50 am, the stock was up 1.9 per cent at Rs 1,343.80 as compared to 1.8 per cent decline in the S&P BSE Sensex.

"A meeting of the board of directors of the Company will be held on May 03, 2022, to consider a proposal for sub-division of the equity shares of the Company having a

Topics : Buzzing stocks Tata Steel Markets

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