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Stock splits grab spotlight; Tata Investment leads list
Multiple firms announce stock splits; Tata Investment leads the pack.
Several companies announced stock splits this week to attract liquidity: Tata Investment, Gokul Agro, Welcure Drugs, A B Infrabuild, Narmada Macplast, and Rolex Rings. Tata Investment is splitting from ₹10 to ₹1, with record date set at October 14. The move is seen as an effort to enhance trading viability among retail investors and boost volume traction. Analysts expect sharper moves in these names post-split. (NDTV Profit)