Nuvama announces 1:5 stock split and bumper dividends
Nuvama Wealth Management executed a 1:5 stock split on 26 Dec 2023, bringing its share price down to ₹1,488. The company also declared strong dividends for 2025, potentially increasing investor interest in the stock.
pre-market1 source ↓written by the desknot a recommendation
Nuvama Wealth Management Ltd executed its first-ever stock split on 26 Dec 2023, adjusting shares from ₹7,600 to ₹1,488 post-split. The new market cap stands at ₹11,250.86 cr. The adjusted 52-week high is ₹1,701.70, while the low is ₹947.09. This split may enhance liquidity and attract new investors. 📈
Not investment advice. For informational purposes only.