xAnts

Breaking: Shriram Finance Stock Split Takes Effect Today - Shares Now 5 Times Cheaper

ET Now on MSN.com

In a significant development, Shriram Finance's stock split has taken effect, making its shares 5 times more affordable for investors. This move marks the company's first-ever stock split since its listing in 1996, aimed at increasing liquidity and making the stock more attractive to a wider range of investors. With the sub-division, the share price becomes more accessible, potentially leading to increased trading activity. This stock split is expected to boost market participation and enhance the overall market capitalization of Shriram Finance. Key terms like stock split, sub-division, and market capitalization are crucial in understanding this development.