Since the beginning of the current year, the stock has surged by 158%, increasing from ₹29.30 to ₹75.60, and in today s trading session, it experienced a notable 9.14% jump, reaching a new all-time high of ₹78.80 per share.
Action Construction Equipment (Re 1/share), Benares Hotels (Rs 20/share), Bharat Electronics (Rs 0.6/share), Relaxo Footwears (Rs 2.5/share), Shilchar Technologies (Rs 10/share), The J&K Bank (Rs 0.5/share), Vedant Fashion (Rs 9/share), V-Guard Industries, The South Indian Bank, and Industrial & Prudential Investment Company will trade ex-dividend on August 17.
In order to enhance the liquidity of the stock, a company may raise the number of its shares by reducing the face value of each share at a certain ratio through stock split.