Coforge Share Price Gains As Stock Trades Ex-Split

Coforge Share Price Gains As Stock Trades Ex-Split

Coforge Ltd.'s share price rose 1.45% on Wednesday as the stock began trading on an ex-split basis. The company had previously set June 4 as the record date to determine the eligibility of shareholders entitled to receive the subdivided equity shares in a 1:5 ratio.The stock split will not affect the company's market capitalisation but will increase the number of shares fivefold. This move is generally aimed at enhancing market liquidity.To qual…

Coforge shares go ex-split tomorrow, last day to buy for 1:5 stock split eligibility - GAGA INDIA

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