Computer Age Management Services (CAMS) is set to see a sharp drop in share price today, December 5, as the stock turns ex-date for its maiden stock split. The corporate action would split each share of face value Rs 10 into five shares of face value Rs 2 each. Advertisement
While the company declared seven bonus issues (when unlisted) in the past, the last in 2010, this is its first-ever stock split, data from AceEquity showed. There could be some trading platforms, which may not be reflecting split-adjusted price for Thursday, and thus, may suggest a steep plunge on CAMS today. But stock investors need not worry.
Stock splits in past few months
BEML, Fineotex Chemicals, Adani Power, Zydus Wellness, Rolex Rings, Tata Investment Corporation and Paras Defence are among the dozens of sto

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