Stock split means reducing the face value of a share. Suppose the face value of a share with a face value of Rs 10 is reduced to Rs 2, then the share will be divided into 5 parts. Also, with the split, the market price of the share on the record date will also be adjusted into 5 parts. Stock split is done especially for the purpose of increasing liquidity and volume. The purpose of stock split is to make more and more retail investors shareholders. Let us tell you about those companies which are going to do stock split.

Global Education Ltd- The decision on share split will be taken in the company's board meeting. The face value of the company's shares is currently Rs 5 per share. On Tuesday, the company's shares opened at Rs 202 against the closing price of Rs 199.42. After this the share came below Rs 200. The company's market cap is Rs 400 crore. (Share Crash: People continue to sell shares for the second consecutive day, shares fell -35% in 2 days, what next?)

The second company is Jagsonpal Pharmaceuticals. The company said in the information released on the exchange that the board meeting will be held on October 23. In this meeting, the proposal for share split as well as the results will be announced. Currently the face value of one share of the company is Rs 5. Jagsonpal Pharmaceuticals- The company started in 1978. The company manufactures products related to women's health. The company has identified gynecology and orthopedics as its focus segments and has diligently built its presence in key medical sub-segments. The third company is Shriram Finance. The company's stock opened at Rs 3,313.30 on Tuesday against the closing price of Rs 3,313.30. After this the stock crossed Rs 3,390. The company will take a decision on share split on October 25, 2024. Shradha Infraprojects:  The decision on share split will be taken in the board meeting to be held on October 26.