This will be the second instance of the company splitting its stock. Prior to this, Nava had split its stock from a face value of Rs 10 per share to Rs 2 per share in August 2005, according to the Trendlyne data.
FIIs dump Indian stocks for 10th straight week as markets slide: Is the worst over or more pain ahead?
The Nifty 50 declined in all four sessions of the holiday-shortened week, hitting an intraweek low of 22,372 on Friday before closing 2.4% lower at