Shares of Atul Auto will start trading at around ₹400 from Friday, as the company has fixed September 12 as ex-date for the stock split. Atul Auto proposes to split the face value of its shares from ₹10 to ₹5 to enhance liquidity in the stock. The stock on Thursday closed around ₹805. However, those buying the shares of Atul Auto on Friday will not be eligible to get post-split shares. The stock has been rising consistently on the bourses to hit a life-time high of ₹835 on Wednesday.
Atul Auto stock split takes effect today
Published on
September 11, 2014 17:31