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Companies undergoing stock splits
Oasis Securities will split its stock in a 1:10 ratio. The ex-split date is February 28, 2025. On Friday, the NBFC stock closed 2% higher at ₹285.
It is part of the periodic call auction and falls under ESM Stage 2.
RDB Realty & Infrastructure will also split its stock in a 1:10 ratio. The ex-split date is February 28, 2025. The stock closed 0.5% lower at ₹547 on Friday. It is also part of the periodic call auction and classified under ESM Stage 2.
Impact of stock splits
A stock split increases the number of shares while keeping the company’s market capitalisation unchanged. The company decides the split ratio.
After a stock split, the share price decreases, making it more affordable for small investors. Increased availability of shares can improve trading activity and liquidity.
Lower-priced stocks often attract more investors, potentially driving demand higher.
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First Published: Feb 23, 2025 11:46 AM IST