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Info Edge's two jewels spur half of ₹30,000 cr mcap loss
Mint Chennai
|April 16, 2025
Standing tall
In a board meeting on Monday, the management of Info Edge (India) Ltd fixed 7 May as the record date for its 1:5 stock split, in which one share with a face value of ₹10 will be divided into five. This should enhance market liquidity by encouraging greater participation from retail investors. It is a good way to attract retail investors who generally stay away from stocks with high prices, irrespective of their valuation.
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