1:10 stock split: SME stock rises 700% against IPO price in 8 years
Sat, Apr 27, 2024 2:42 PM

1:10 stock split: SME stock rises 700% against IPO price in 8 years

A Flip by Riya Sharma
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1:10 stock split effect: A long-term investor enjoys various other benefits like dividends, bonus shares, buyback of shares, etc. However, some moves by the listed entities don't change the absolute value of investment but they deliver in the long term. A stock split is one such instrument. A company goes for the stock split with one of the objectives to enhance liquidity.

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