Stock Split 2025, May 1 -- Multibagger small-cap stock United Polyfab Gujarat will trade ex-split and ex-record in the ratio of 1:10, meaning that any investor who holds one share of the company will now have 10 shares.
The textile company on February 12, 2025, announced its board's decision to sub-divide or split the existing one equity share of the face value of Rs.10 each fully paid up into 10 equity shares of face value of Rs.1 each fully paid up.
Under the stock split, a company's shares increase, but the market capitalisation remains the same. The said action will result in a reduction in the share price of the company, making it more accessible for the retail investors. However, the overall value of shares that you own remains fi...
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