A stock split is usually done to increase the liquidity of the stock in the market. On the ex-split date, investors who are holding the stock until the record date will receive the new shares in demat accounts and the stock price will be adjusted according to the split ratio.
AMCs and brokerages outperforming despite lending challenges: Digant Haria
This year it is not going to happen. And which is why, yes, the sector is getting narrower and narrower. In the large banks, the