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Bloomberg Quint

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Image Credit: Bloomberg Quint

Upcoming Stock Splits — Indo Thai Securities, Algoquant Fintech, Bemco Hydraulics

  • India's stock market will see a quiet week from July 7 to July 11 on the stock split front, with 65 stock splits occurring so far this year.
  • Notable companies like Shriram Finance, Bajaj Finance, Info Edge India, Senco Gold, and Coforge have undergone stock splits to enhance liquidity and broaden their shareholder base.
  • Upcoming stock splits include Indo Thai Securities on July 18, Algoquant Fintech executing a 2:1 share split, Bemco Hydraulics approving a 1:10 stock split/sub-division, and GTV Engineering planning a stock split.
  • Stock splits aim to increase market liquidity by making shares more affordable to a wider investor base, without altering the overall market capitalization.

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