Cochin Shipyard has declared sub-division of existing 1 equity share of face value of ₹10 each fully paid up into 2 equity shares of face value of ₹5 each fully paid up
One share of Cochin Shipyard has been split into two. Today was the record date for determining the eligibility of shareholders for sub-division of existing 1 share of face value of Rs 10 each fully paid up into 2 shares of face value of Rs 5 each fully paid up.
Cochin Shipyard Ltd's shares will undergo a stock split, turning ex-date on Wednesday, January 10. The split will result in two shares with a face value of Rs 5 each, down from the previous face value of Rs 10. Cochin Shipyard Share Price: Company Initiates Stock Split, Face Value Drops to Rs Five.
Cochin Shipyard would determine the eligibility of shareholders for sub-division or split of existing on shares today. The multibagger stock is up 129 per cent in the last six months and 175 per cent for the one-year period.
Cochin Shipyard rose 3.05 per cent to hit a high of Rs 1,073.80 on BSE. Antique Stock Broking's share price target suggests a 6.6 per cent potential upside for the stock over this price.