For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

LT Foods Shares Surge As Board Approves Stock Split

|

Shares in LT Foods surged after the board of the company approved a stock split from Rs 10 to Re 1. The stock was up 4 per cent at Rs 254.

 

LT Foods Shares Surge As Board Approves Stock Split
LT Foods has a host of very popular brands, including Dawat in the rice category and Royal as well.

A stock split allows the stock to be traded at a reduced price, thus enabling small investors to buy the shares.

For example, if the stock goes ex-split, shares in LT Foods should logically be trading at Rs 25.40, of Re 1 face value, as against the current market price of Rs 254 on a face value of Rs 10.

GoodReturns.in

Read more about: lt foods
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X