Shriram Finance Share Price Plunges 6% as 1:5 Stock Split Takes Effect
Shriram Finance's share price declined by 6% to ₹528.70 on January 10, as the stock began trading ex-date for its 1:5 stock split. Although the stock has seen a significant 25% rise over the past year, its recent performance has been lackluster, with a 13% decline in the last month and a 20% drop in the past three months. This volatility has raised concerns among investors, who are closely watching the stock's movement. With the stock split aimed at increasing liquidity and making the stock more accessible to retail investors, it remains to be seen how the stock will perform in the coming days. Key factors such as market trends and investor sentiment will play a crucial role in determining the stock's future trajectory, including its impact on the financial sector and stock market news.
