Shriram Finance Stock Split: Share Price Plummets 5-Fold as Ex-Date and Record Date Kick In
2025-01-10
MSN
In a significant development, Shriram Finance's share price has become 5 times cheaper as the company's shares have started trading ex-date for the sub-division. This marks the first-ever stock split for Shriram Finance since its listing in 1996, making it a notable event in the financial sector. Investors are keenly watching the stock's performance, with the split expected to increase liquidity and make the shares more affordable for retail investors. As a result, the stock's price has plummeted, making it an attractive option for those looking to buy. Key terms like stock split and ex-date are being closely monitored.