Bajaj Finserv stock split

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Many people get worried about the stock split that stock got fall down but there is no need to worry as you will get more stocks.

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Today Bajaj Finserv made a high of 1884 and closing price of the stock was 1784.85.

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Stock split simply means there is increases in number of shares and doesn't mean a stock has become cheaper. There is no impact on the fundamentals of the company.

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Suppose you have a stock with a face value of ₹10 and a price of ₹1000. If the split is in the ratio of 2:1, the face value will become ₹5, and the price will reduce to ₹500.

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The split shares generally credited into your demat account in two working days for the record date.

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The Bajaj Finserv company said that its board has approved the proposal of the stock split or sub division of equity shares in the ratio 1:5.

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Bajaj Finserv stock split

Bajaj Finserv is a non-banking finance company and its stock will split one existing equity share into the five equity shares.

Many people get worried about the stock split that stock got fall down but there is no need to worry as you will get more stocks.

Stock split Myth

Today Bajaj Finserv made a high of 1884 and closing price of the stock was 1784.85.

Bajaj Finserv Stock Price

Stock split simply means there is increases in number of shares and doesn't mean a stock has become cheaper. There is no impact on the fundamentals of the company.

What is Stock split?

Suppose you have a stock with a face value of ₹10 and a price of ₹1000. If the split is in the ratio of 2:1, the face value will become ₹5, and the price will reduce to ₹500.

Stock Split Example

The split shares generally credited into your demat account in two working days for the record date.

Spilt Share Demat Account

The Bajaj Finserv company said that its board has approved the proposal of the stock split or sub division of equity shares in the ratio 1:5.

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