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This company is Motisons Jewellers Ltd. The share split has been approved in the company's board meeting. One share of the company will be divided into 10 parts. The company's stock has risen. The stock reached an all-time high level of Rs 287.90. At the same time, the stock has given a return of 50 percent in one month.

 

It has been decided to reduce the face value of the share from Rs 10 to Rs 1.

 

 

With the split, the market price of the share will also be adjusted into 10 parts on the record date. This record date is 9 November 2024. Share split is done specifically to increase liquidity and volume. The purpose of share split is to make more and more retail investors shareholders

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