Stock Split News, The trading week starting from November 10 in the Indian stock market is going to be very special for investors. This week two companies Sampre Nutritions Ltd and Websol Energy System Ltd are going to split their shares.
For which the record date has been fixed on Friday 14th November. Small investors will benefit from the decision to split the shares of these two companies. Who are thinking of investing in these companies.
Websol Energy System Ltd
Solar energy company Websol Energy System Ltd has announced to reduce the face value of its shares from Rs 10 to Rs 1. That means now the company is going to divide each of its shares into 10 small parts. With this step the company wants to increase its reach to investors. This decision has been taken to fulfill this objective.
Usually, when the price of a share becomes high, companies do this by splitting shares to make it easier for small investors to access.
Sampre Nutritions Ltd
Sampre Nutritions Ltd, associated with the food and nutrition sector, has decided to reduce the face value of its shares from Rs 10 to Rs 5. After this step, each share of the company will be divided into 2 parts. Due to which there will be more opportunities for investors to invest in the shares of the company. Market experts believe that after this split the trading volume is expected to increase.
What is stock split?
Stock split means that when a company divides its existing shares into many smaller shares. Due to which the number of shares increases and at the same time the price of each share of the company decreases. Due to which even small investors are able to invest in the company.
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