Read on the application
Stock splits: ADF Foods is also one of the companies that has given excellent returns to investors post-Covid. The share price of the company has reached the level of Rs 1090 from Rs 140. Now the company has decided to split its shares. ADF Foods said in a disclosure to the stock markets that 1 share will be divided into 5 parts. The record date of this stock split has also been announced.
When is the record date? (ADF Foods Stock Split Record Date)
In the information provided by the company to the stock markets, the shares with a face value of Rs 10 will be divided into 5 parts. After this stock split, the face value of ADF Foods will be only Rs 2. Let us tell you that the company has fixed the record date of stock split on September 11, 2023. That is, any investor whose name will be in the record book of the company on this date will only get the benefit of the stock split.
This share is Rs. 5000, the company has Rs. 4 lakh crores of work
How has the last one year been in the stock market? (ADF Foods share price today)
During the last one month, the share price of the company has risen from the level of Rs.735 to the level of Rs.1055. That means the positional investors have made a profit of 45 percent on each share in just one month. At the same time, investors who bought and held ADF Foods shares a year ago have made gains of over 50 percent so far. Let us tell you that since Kovid-19 till now, the share prices of the company have increased by 700 percent.