Natco Pharma, Avanti Feeds to turn ex-split

Shares of Natco Pharma will start trading in ₹510-525 range from Wednesday, the ex-date for the stock split. Similarly, Avanti Feeds’ shares will trade in the range of ₹520-530 from Wednesday. Both companies are sub-dividing the face value of their shares to ₹2 from ₹10. From a low of ₹1,301.90, Natco shares climbed to a high of ₹2,709 while Avanti Feeds scaled a new peak of ₹3,450. Last December, the stock was ruling at around ₹1,400.