check this link
plz see the closing price of 23 july and opening price of 24 july. what is the reason for such downfall. or share was near abt 700 one month ago or not.
CA Gaurav Gupta (Practice) (307 Points)
14 August 2009check this link
plz see the closing price of 23 july and opening price of 24 july. what is the reason for such downfall. or share was near abt 700 one month ago or not.
CA Vibhor Gupta
(CA)
(60 Points)
Replied 14 August 2009
the stock has split 1:2. For one share the shareholder will get 2 shares. due to this the share price has reduced to 50%.
CA Gaurav Gupta
(Practice)
(307 Points)
Replied 15 August 2009
same is the reason for divi's lab.............