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Adani Power shares in focus as stock to trade ex-split on Monday for 1:5 split
Adani Power shares will trade ex-split on Monday. The company executed a 1:5 stock split to improve affordability and liquidity. Shareholders approved the split earlier this month. Each share of Rs 10 face value is now five shares of Rs 2 each. Morgan Stanley has an Overweight rating on Adani Power.
Adani Power shares will trade ex-split on Monday. The company executed a 1:5 stock split to improve affordability and liquidity. Shareholders approved the split earlier this month. Each share of Rs 10 face value is now five shares of Rs 2 each. Morgan Stanley has an Overweight rating on Adani Power.
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