Info Edge (India), parent company of Naukri.com, announced a stock split in the ratio of 1:5 to enhance liquidity and broaden investor access. The company has fixed May 7 as the record date to determine shareholders’ eligibility for the sub-division of equity shares. This marks the first stock split for Info Edge, with shares closing higher on the BSE.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is