Titagarh, Indag Rubber to turn ex-split

Shares of Titagarh Wagons and Indag Rubber will turn ex-stock split on the bourses on Thursday. Both Titagarh Wagons and Indag Rubber will reduce their face value from ₹10 to ₹2. That means, shares of Titagarh Wagons will start trading in the range of ₹115-120, while that of BSE-listed Indag Rubber will be in ₹₹190-200 range from Thursday. However, those who are buying the shares from Thursday will not be entitled to receive the split shares.