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Tata Investment Corporation Ltd Stock Split: Tata Group’s big NBFC company Tata Investment Corporation LTD shares saw a boom from 22 September to 26 September. Its shares on the exchange had a jump of more than 19 %.
This strength in the company’s shares can be credited to the stock split in the ratio of 1:10. For this, Tata Investment has also announced a record date. The company told the exchange that a share with a face value of 10 rupees will be divided into 10 pieces. After this, the face value of the shares of Tata Investment will be reduced to Rs 1 per share.
19.4 percent jump in shares in a week
On September 26, the Tata Investment shares closed at Rs 8662.30 per share on the last trading day of last week. This reflects the lead of 3.52 percent in a day. The company’s market cap is Rs 43,827.16 crore. Overall, from 22 to 26 September, the price of its shares on BSE got a huge jump of 19.4 percent. So far this year, the stock has gained a lead of about 26.4 percent and has become one of the top performing shares under the Tata Group.
Why do companies do stock splits?
Usually companies resort to stock splits when their performance is good and the price of shares also increases. Due to this, it becomes difficult for new or small investors to buy it. In such a situation, companies divide the shares into many parts through stock splits. This increases the number of shares and also reduces the price per share. However, this does not affect the company’s market value. Stock split makes it easy for investors to buy it due to low price and increase the liquidity due to increasing trading volume.
When is the record date?
Tata Investment Limited is going to splint stock for the first time in its history. For this, a record date has been set on Tuesday, October 14, 2025. That is, on this day, the shares of the company will be divided into 10 parts. The shares of Tata Investment Limited have given a return of 188 percent in the last two years. Whereas in a year, it has gained 25 percent.
Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)
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