Coforge Share Price Rises 1.5% After 1:5 Stock Split

Market Performance

Coforge's share price surged 1.5% in Wednesday's trading session following its 1:5 stock split. The stock was trading at ₹1,719 per share on the NSE, marking a 1.12% increase by early afternoon.

This upward movement reflects investor optimism as the company's stock becomes more accessible due to the reduced face value of the shares.

Key Details of the Stock Split

• Record Date: June 4, 2025 (for determining shareholder eligibility)
• Split Ratio: 1 existing share (₹10 face value) = 5 new shares (₹2 face value each)
• Impact on Market Cap: No change—only the number of shares increases while the total valuation remains the same.

Companies often execute stock splits to boost trading liquidity and attract smaller investors.

Why Stock Splits Matter

• Boosts Liquidity: More shares in circulation can increase trading activity.
• Enhances Accessibility: Lower nominal price attracts small investors.
• No Financial Impact: Shareholders' wealth remains unchanged after the split.

Summary

• Coforge shares rose 1.5% post the 1:5 stock split.
• New face value: ₹2 per share (previously ₹10).
• There is no impact on market capitalization—only structural adjustment.
• Increased affordability may attract more retail investors.