Small-cap stock rises 7% as the company announces stock split in 1:5 ratio; check details
1 day, 5 hours ago

Small-cap stock rises 7% as the company announces stock split in 1:5 ratio; check details

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Small-cap stock: Coastal Corporation's share price jumped as much as 7 per cent in intraday trade on the BSE on Monday, December 23, as the company announced a stock split in a 1:5 ratio. On a monthly scale, the stock has gained nearly 12 per cent in December after four consecutive months of losses. The small-cap stock hit a fresh 52-week high of ₹354.90 on January 12 and a 52-week low of ₹208.95 on June 4 this year. Stock market today Meanwhile, the Indian stock market saw a relief rally on Monday, with the Sensex and the Nifty 50 rising over a per cent each on value buying at the lower level.

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