India, May 20 -- The shares of a Micro-Cap company, specializing in distributing a diverse range of consumer goods across various sectors, are in focus upon approval of the stock split of 1:10, aiming to improve liquidity and affordability.

With a market capitalization of Rs. 109.99 crores on Tuesday, the shares of Chandrima Mercantiles Ltd hit a 2 percent lower circuit, making a low of Rs. 49.52 per share compared to its previous closing price of Rs. 50.53 per share.

Chandrima Mercantiles Ltd, engaged in distributing a diverse range of consumer goods across various sectors, has approved a 1:10 stock split, where one existing equity share of face value Rs. 10 will be split into ten new equity shares of face value Rs. 1 each, aiming to ...