Stock splits are intended to reduce the price of shares, making them more accessible to retail investors. However, several Indian small-cap companies have misused this mechanism, using it as a significant milestone to artificially inflate their stock prices.
Roshni Nadar Malhotra to become third richest Indian after dad Shiv Nadar gifts HCL stake
Roshni Nadar Malhotra becomes India’s third-richest individual after receiving a 47% stake in HCL Corporation and Vama Delhi from her father, Shiv Nadar. The succession