Is Stock Split Good🤔Here’s What the Data Suggests!

Companies split their shares to make them more affordable and boost liquidity. These companies’ share prices tend to underperform in the short term with an average loss of 5% over a month📉

Whereas in the longer duration i.e., in 3-month forward and 6-month forward periods, they yielded an average gain of 10% and 19% respectively📈

APL Apollo Tubes, HAL, and Schaeffler India have generated jaw-dropping returns since their stock split💥

IRCTC, IRB Infrastructure, and Bajaj Finserv failed to do the same

Will stock split of Persistent Systems Ltd be good for investors? Only time will answer it!

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