2 multibagger stocks turning ex-split tomorrow on 31st March1 min read 30 Mar 2023, 09:43 PM IST
By lowering the face value of the stock, a corporation can increase the number of shares through a stock split.
By lowering the face value of the stock, a corporation can increase the number of shares through a stock split. The total value of the shareholders' equity in the firm does not change as a result of a split; nevertheless, the number of shares issued increases due to a decrease in face value. A stock split is typically announced by corporations to improve liquidity in the market and enable participation by small investors in trading. These stocks are going ex-split tomorrow even though they have provided their shareholders' multibagger returns.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started
Select your Category