A Oneindia Venture

This Multibagger Small Cap Co. Announces Stock Split-Check Details

Stock split is a corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares. Board of Directors of the company take this stock split decision for dividing the company's outstanding shares into further smaller shares. So though the market value of the total outstanding shares of a company remains the same but market value of a single share is reduced in proportion to the no of shares extracted out of a single share. Likewise, one of the multibagger small cap stock- Steel Exchange has announced stock split, below are the details on the same

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