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.
Nifty 50 Outperformers: Top stocks that gained over 80% in FY24
Benchmark equity indices ended on a buoyant note on the last trading day of the financial year 2023-24 against the backdrop of a positive trend