its value was 393 Rs high on september 7th, and it drastically fallen to 39Rs on 8th september, please let me know why.
2006-09-10 19:17:01 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
Its not fallen.The stock has been splitted from the face value 10 to face value 1.So if u were having 100 shares before split then now u will be having 1000 shares .Similiarly the price has also get adjusted.At present its price is 47 rs so one has already earned profit of 9 rs after split.If u r having it then u r lucky.Its a good scrip.Similiarly hotel leela has splitted from face value of 10 to 2
2006-09-11 02:27:39 · answer #1 · answered by hummingdev 2 · 0⤊ 0⤋
It's a Split, face value of shares has been brought down from Rs.10 to Rs.1.
People holding 100 Shares of Exide will get 900 Shares more.
Regards
2006-09-13 18:00:41 · answer #2 · answered by Vijaypappu 2 · 0⤊ 0⤋
Hey,
Its a slpit not a down fall infact it is now near to its yr high.
Similar way UR count in UR Dp has also increased
2006-09-11 02:19:45 · answer #3 · answered by ACE 2 · 0⤊ 0⤋
THE ELECTRONIC BOARD IS MALFUNCTIONING. IT IS STILL 393/-
2006-09-10 19:23:02 · answer #4 · answered by Sarang 4 · 0⤊ 0⤋
Are you sure about this?..
2006-09-10 19:21:23 · answer #5 · answered by finalmoksha 3 · 0⤊ 0⤋