KSE Ltd Stock Split Tomorrow; Last Day to Buy Shares Ahead of 1:10 Split

Thrissur, October 27: KSE Ltd will undergo a 1:10 stock split tomorrow, on October 28. Since the company has set the ex-split date and the record date for tomorrow, this means that investors must hold or buy the shares of the company by the end of today’s market session. Ex-split date is the date before which investors must hold or buy the shares of the company to be eligible for the stock-split. The record date is the date on which the company looks at its shareholders’ list to determine eligible shareholders for the stock split.

KSE Ltd is an Indian company that is engaged in the manufacturing and marketing of animal feed. The company was established in 1963, and is headquartered in Thrissur, Kerala. The shares of the company are only listed on BSE with the code 519421.

No Change in Investment Value

With the 1:10 stock split, the share price of KSE ltd will fall and will reflect a 1/10th value. However, the fall in the stock price is a common stock split process as the shares adjust to the extra shares which the investors will get after the stock split. With 10 extra shares, and 1/10th the stock value, the invested amount will remain the same for the investors. It will also not have any change in the company’s market capitalisation.

Shares Rise By 0.49%

As of 9:45 AM, KSE Ltd share price is up by 0.49%, or 13.20 points, and is trading at ₹2,698. Until now, the shares have traded within a range of ₹2,714.90 and ₹2,684. The current traded volume stands at 1.68 thousand shares, with the company’s market cap at ₹859 crore. The shares of the company have their 52-week high at ₹2,849 and their 52-week low at ₹1,765.

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations