Shriram Finance Stock Split: Share Price Plunges 5 Times on Ex-Date, Record Date Today
2025-01-10
MSN
In a significant development, Shriram Finance shares have become 5 times cheaper as the company's stock starts trading ex-date for the sub-division. This historic move marks the first-ever stock split by Shriram Finance since its listing in 1996, making it an attractive opportunity for investors to buy shares at a lower price. The stock split is expected to increase liquidity and make the shares more affordable for retail investors, potentially boosting trading activity and stock market participation. With this development, Shriram Finance is likely to witness increased market attention and investor interest. Key terms like stock split, ex-date, and record date are crucial in understanding this financial development.