TATA Steel Stock Split:
Effect of TATA Steel stock split, shares of Tata Steel rose 5 percent today, do you have shares of TATA Steel?
Shares of Tata Steel got split today on Thursday, July 28. The share split of Tata Steel has had a positive impact.
After the stock split, there was a tremendous rise in Tata Steel Share Price. Investors bought fiercely.
Tata Steel's stock opened with a boom today and once in intraday, it rose more than Six percent to reach Rs 102.
At the end of the day, Tata Steel's stock closed at Rs 100.20 with a gain of about 5 percent.
What is Stock Split?
Effect of TATA Steel stock split, shares of Tata Steel rose 5 percent today, do you have shares of TATA Steel?
Let us tell you that neither the value of the split share increases nor there is any effect on the share of the shareholders.
In this way, the Stock Split increases the number of shares of the company and increases the shareholder base.
In May, the board of Tata Steel approved the decision to split the stock in the ratio of 1:10.
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