Bajaj Finserv jumps 3% as board to consider stock split, bonus issue - Economic Times

Through a stock split, a company increases its number of outstanding shares while reducing the price of each share without affecting the firm's overall market capitalisation. The company said that its board will also consider the proposal to issue bonus equit…

Shares of jumped over 3 per cent in Tuesdays early trade after the company announced that it will consider a stock split and bonus issue of shares later this week. The board of directors of Bajaj Fi… [+1128 chars]

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