A stock split is when a company increases the number of its shares and reduces the price of a share by the same amount.
This does not change the total value of the investment but investors will get more shares than before. Companies split their shares to offer shares at a cheaper price to small investors, increase market liquidity and attract more trading activity. This week, 4 companies, including IOL, are set to carry out stock splits. The companies have also announced the ex-split date, the date on which the shares will start trading at the new adjusted stock split price, and the record date to confirm the eligibility of shareholders entitled to the stock split. IOL Chemicals and Pharmaceuticals had set the record date for the stock split as March 11. The company split one share with a face value of Rs. 10 into five shares with a face value of Rs. 2 each.

The price of this bank was Rs. 64.45 at the end of trading on the Bombay Stock Exchange today. What a test for IndusInd Bank.. The price of the share fell by 26 percent in a single day. Mehai Technology Limited is going to split one share with a face value of Rs. 10 into ten shares with a face value of Rs. 1 each. The company has announced that the ex-split date is March 13 and the record date for the stock split is March 14.

The price of this bank was Rs. 137.90 at the end of trading on the Bombay Stock Exchange today. Shalimar Agencies is going to split one share with a face value of Rs. 10 into ten shares with a face value of Rs. 1 each. The company has announced that the ex-split date is March 13 and the record date for the stock split is March 14. The price of this company’s share was Rs. 89.10 at the end of trading on the Bombay Stock Exchange today. The one that fell in 2008 is different from the one that fell now..

Leave the worries about the stock market..Shangha Decor is going to split one share with a face value of Rs.5 into five shares with a face value of Rs.1 each. The company has said that the ex-split date has been fixed as March 13 and the record date for the split is March 14. The price of the share was Rs.4.85 at the close of trading on the Bombay Stock Exchange today.