If you had one share of Bajaj Finserv, your shareholding in the stock shall increase by (1x5x2) considering a 5:1 stock split and 1:1 bonus shares. For every share held post the split and bonus in Bajaj Finserv, you will own 10 shares and its share price will also reduce by one-tenth to Rs 1700 per share.
The stock continued to remain the most valued listed company in the country despite the decline.
Domestic equities ended flat on Friday as MPC matched market expectations, while supportive measures announced by the RBI Governor helped strengthen the rupee.
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