Your question: What is the ex split date of Eicher Motors?

Splits History
Announcement Date Old FV ExSplit Date
12/06/2020 10 24/08/2020

What is the split date of Eicher Motors?

The company has fixed August 25, 2020 as record date for the stock split. The company announced, on May 25, its stock split plan to make the stock more affordable for the small retail investors and increase liquidity.

How many times Eicher Motors share split?

Eicher Motors Ltd. has split the face value 1 time since Aug. 24, 2020. Eicher Motors Ltd. had last split the face value of its shares from Rs 10 to Rs 1 in 2016.

What happen to Eicher Motors share?

The company had on August 11 informed the exchanges that the scrip would go through a stock split in the ratio of 1:10, that is existing one equity share of face value of Rs 10 each will split into 10 equity shares of face value of Re 1 each.

What was Eicher Motors share price before split?

Prior to the stock split, the Eicher Motors share price exceeded ₹ 20,000 on the BSE. Eicher Motors surged around 3 per cent to an intra-day high of ₹ 2,249 on the BSE a day after the 10-to-1 stock split came into effect.

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Is it right time to buy Eicher Motors share?

Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. … With profit expected to more than double over the next couple of years, the future seems bright for Eicher Motors.

What is a stock split?

A stock split is when a company’s board of directors issues more shares of stock to its current shareholders without diluting the value of their stakes. A stock split increases the number of shares outstanding and lowers the individual value of each share.

When did Infosys stock split?

INFY Splits

Split date Split Ratio
Sep 04, 2018 1/2 Stock Split
Jun 15, 2015 1/2 Stock Split
Dec 02, 2014 1/2 Stock Split
Jul 13, 2006 1/2 Stock Split

What is the share price of Eicher Motors in 2001?

Licensed from Royal Enfield by the indigenous Indian Madras Motors – a subsidiary of Eicher Motors Limited, the oldest global motorcycle brand used to cost Rs 55,000 in the year 2001 – a year when Eicher Motors share price after split bonus adjustment cost just Rs 17.50.

Why do companies split shares?

A stock split is a corporate action in which a company divides its existing shares into multiple shares. Basically, companies choose to split their shares so they can lower the trading price of their stock to a range deemed comfortable by most investors and increase the liquidity of the shares.

Which share is best to buy tomorrow?

stocks to buy tomorrow intraday NSE. Stocks going UP tomorrow

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Does Eicher own Royal Enfield?

Royal Enfield is an Indian multinational motorcycle manufacturing company headquartered in Chennai, Tamil Nadu, India. … Licensed from Royal Enfield by the indigenous Indian Madras Motors, it is now a subsidiary of Eicher Motors Limited, an Indian automaker.

Why did Eicher Motors fall today?

Shares of Eicher Motors Ltd. declined after at least four research firms downgraded the stock citing expensive valuations.

Which share is going to split?

SPLIT OF FACE VALUE

Company Name Record Date FV Changed To
Mayukh Dealtrade 11-May-2021 5
Vaibhav Global 07-May-2021 2
Lakshmi Auto Loom 04-May-2021 100
Sharda Motor Inds. 16-Apr-2021 2

What was the IPO price of MRF?

MRF (Madras Rubber Factory), which debuted as a public company with a face value of Rs 10 per share, has delivered more than 7,40,109 per cent returns to investors in the last 25 years. On April 27, 1993, the company’s share closed at Rs 11 compared to the current price of Rs 54,488 on BSE.

Motorization