Investors have until today to purchase Shriram Finance shares to participate in the upcoming stock split scheduled for January 10. The company plans to split each equity share with a face value of Rs 10 into five equity shares with a face value of Rs 2 each. The split aims to enhance stock liquidity and accessibility to retail investors.
Jefferies views IndiGo as unique and strong franchise, raises target price to Rs 5,260
The IndiGo stock has underperformed following a significant miss in the company’s 2Q results, driven by higher costs impacting profitability. However, Jefferies expects cost normalization