2 weeks Ago
Shares of Contil India , JostS Engineering Company and JTL Industries will likely remain in fous in today’s session as these companies have November 14 as the ex-date for the purpose of their respective stock splits . This means today is the last day to buy the shares of these companies in order to be eligible for the stock splits. Shareholders whose names will appear in these companies’ database on the record date will be eligible for the said stock split .
Contil India will be splitting its stock from a face value of Rs 10 per share to Rs 2 per share. JostS Engineering Company will be splitting its shares from a face value of Rs 2 per share to Re 1 per share. Stock Trading Commodity Markets Made Easy: Commodity Trading Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Technical Analysis Demystified: A Complete Guide to Trading By - Kunal Patel, Options Trader, Instructor View Program Stock Trading Macroeconomics Made Easy: Online Certification Course By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Stock Trading Options Trading Course For Beginners By - Chetan Panchamia, Options Trader View Program Stock Trading Technical Analysis Made Easy: Online Certification Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading ROC Made Easy: Master Course for ROC Stock Indicator By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Candlesticks Made Easy: Candlestick Pattern Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading A2Z of Stock Trading - Online Stock Trading Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Introduction to Technical Analysis & Candlestick Theory By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Point & Figure Chart Mastery: A Comprehensive Trading Guide By - Mukta Dhamankar, Full Time Trader, 15 Years Experience, Instructor View Program Stock Trading Cryptocurrency Made Easy: Cryptocurrency Course By - elearnmarkets, Financial Education by StockEdge View Program JTL Industries will be splitting its shares from a face value of Rs 2 per share to Re 1 per share.
A stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to existing shareholders. This split reduces the stock’s price per share proportionally while keeping the overall market capitalization of the company the same. Shareholders who buy the stock at least one day before the ex-date are eligible for dividends as settlement happens the next day.
Those buying the stock on the ex-date are not eligible for dividends. After the implementation of the T+1 framework, the record date and ex-date are the same in most cases unless there is a market holiday after the ex-date. Shareholders who buy the stock at least one day before the ex-date are eligible for the benefits of the stock split as settlement happens the next day.
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