Page 7 - Stock Split

TTK Prestige soars 15% on strong Q2 results; board okays 10:1 stock split

TTK Prestige said the rationale behind the stock split is to facilitate larger shareholder base, to increase the liquidity and to make the shares more affordable to investors

IRCTC plummets 32% from record high after rallying nearly 300% in 6 months

After touching Rs 1 trillion intraday on Tuesday, the firm's m-cap ended around Rs 71,000 crore on Wednesday

IRCTC hits new high, zooms 141% since August on announcing stock split plan

IRCTC has fixed October 29, 2021, as the record date, to ascertain the name of shareholders entitled for subdivision/split of equity shares from Rs 10 to Rs 2

IRCTC soars 20% in a week; analysts see multiple triggers for the stock

In the past one month, the market price of IRCTC has soared 50 per cent, as compared to a 2.5 per cent rise in the S&P BSE Sensex

IRCTC shares continue their upward movement, zoom 1,000% over issue price

The stock hit a new high of Rs 3,746 today and has rallied 1,071 per cent over its issue price of Rs 320 per share

IRCTC surges 7%, hits fresh record high as board to consider stock split

The board of directors of the Company is scheduled to meet on August 12, 2021 to consider stock split

KPR Mill jumps 10%, hits new high on stock split plan; up 74% in 3 months

The company will sub-divide the face value of equity shares from Rs 5 each to a lower denomination to make the stock more affordable for the small retail investors and increase liquidity

Indo Borax zooms 37% in two days after firm announces stock split plan

Generally, a company plans to go for a stock split to make the shares more affordable for small retail investors and increase liquidity

Vaibhav Global trades ex-split; stock zooms 19%, scales new high

The company has split the stock in the ratio of 1:5, i.e. equity share of face value Rs 10 has been split into five shares of face value Rs 2

Alkyl Amines rallies 11% in two days on fixing record date for stock split

The company fixed May 12 as the record date for the subdivision of face value of equity shares from Rs 5 to Rs 2

Finolex Industries turns ex-date for 1:5 stock split, hits 52-week high

In the past one month, stock has rallied 12 per cent as compared to a 5 per cent decline in the S&P BSE Sensex.

Dixon Technologies surges 14%, hits new high as it turns ex-stock split

Dixon Technologies said the rationale behind the stock split is to encourage wider participation of small investors and to enhance the liquidity of the equity shares at the stock market.

This Ashish Kacholia, Vijay Kedia-owned stock zooms 115% in 3 months

Ace investors Ashish Kacholia and Vijay Kedia held more than 1 per cent stake in the company as of the December quarter

Alkyl Amines Chemicals advances 7% on stock split, expansion plan

The company plans to go for a stock split to make shares more affordable for small retail investors and increase liquidity

APL Apollo Tubes trades ex-date for 1:5 stock split, hits new high

In the past six months, the stock has rallied 150 per cent, as compared to a 38 per cent rise in the S&P BSE Sensex during the same period

Laurus Labs surges 6% as stock to turn ex-date for 1:5 split on Tuesday

The board has fixed September 30, 2020 as the 'record date' for sub-division of equity shares of the company from existing face value of Rs 10 each to face value of Rs 2 each

Muthoot Finance to consider stock split, board to meet on July 18

Stock split is a process, in which the company divides its existing shares into multiple shares to boost the liquidity of the shares

Sharp price run in 2 months prompts 27 firms to split stocks

Though a split makes the stock more affordable for the investors, experts say investors should also look at the company's fundamentals before investing

Tepid markets fail to lift split stocks

Of the 11 companies that did splits during FY16, seven underperformed the market