GMR Infra Record data is October 8th 2008 but since there is an EX-Date given as 28th Sept, stock split is effective from today. Stock is currently trading at 175 levels which means effective price of 875. All those who were holding shares till 27th September will thus get 5 shares for the 1 share they were holding.
Friday, September 28, 2007
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1 comment:
Hi Srikant ,
I am a novice investor , does that mean if i already hold a certain share before stock split i stand to gain 5 times ?
Is GMR still a good buy ?
Thanks ,
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