{"id":557685,"date":"2023-02-23T09:27:21","date_gmt":"2023-02-23T03:57:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=557685"},"modified":"2023-02-23T09:52:20","modified_gmt":"2023-02-23T04:22:20","slug":"irb-infra-up-6-nears-52-week-high-as-stock-trades-ex-split-in-110-ratio","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/irb-infra-up-6-nears-52-week-high-as-stock-trades-ex-split-in-110-ratio\/","title":{"rendered":"IRB Infra up 6%, nears 52-week high as stock trades ex-split in 1:10 ratio"},"content":{"rendered":"<p>Shares of IRB Infrastructure rallied 6 per cent to Rs 31.60 on the BSE in Wednesday\u2019s intra-day trade after turning ex-date for stock split in the ratio of 1:10. The stock was quoting close to its 52-week high of Rs 32.90, touched on December 14, 2022.<\/p>\n<p>The company had fixed February 22, 2023 as the \u2018Record Date\u2019 to determine eligibility of shareholders for sub-division \/split of every 1 equity share having face value of Rs 10 each, fully paid-up into 10 equity shares having face value of Re 1 each fully paid-up.<\/p>\n<p>&#8220;The rationale behind the stock split is to enhance the liquidity in the capital market, to widen shareholder base and to make the shares more affordable to small investors,&#8221; the company said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of IRB Infrastructure rallied 6 per cent to Rs 31.60 on the BSE in Wednesday\u2019s intra-day trade after turning ex-date for stock split in the ratio of 1:10. The stock was quoting close to its 52-week high of Rs 32.90, touched on December 14, 2022. The company had fixed February 22, 2023 as the \u2018Record Date\u2019 to determine eligibility of shareholders for sub-division \/split of every 1 equity share having face value of Rs 10 each, fully paid-up into 10 equity shares having face value of Re 1 each fully paid-up. &#8220;The rationale behind the stock split is to [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-557685","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/557685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=557685"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/557685\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=557685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=557685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=557685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}