Shriram Finance Stock Splits 1:5: Share Price Plummets 6% on Ex-Date
Shriram Finance's share price witnessed a significant decline of 6% to ₹528.70 on January 10 as the stock began trading ex-date for its 1:5 stock split. Although the company's stock has shown a remarkable 25% growth over the past year, it has faced a downturn in recent months, with a 13% decline in the last month and a 20% drop in the last three months. This development has sparked interest among investors, who are closely watching the stock's performance. With the stock split aimed at increasing liquidity, it remains to be seen how Shriram Finance's stock will fare in the coming days. Key factors such as market trends and investor sentiment will likely influence the stock's future trajectory, making it an important time for market analysis and stock market news.
