A stock split is when a company divides its existing shares into multiple shares to reduce the price of each share. The face value of the share is reduced while the number of shares increases.
Has Jojo Limited announced any stock split?
Jojo Limited's stock split history, including split ratios, face value changes, ex-split and record dates, is listed on this page. Any new split announced by Jojo Limited will appear here.
What does a stock split ratio like 2:1 mean?
A split ratio of 2:1 means each existing share is split into two shares. If you held 100 shares before the split, you would hold 200 shares afterwards at a proportionally lower price.
Does a stock split affect my investment value?
No. A stock split increases the number of shares you own and lowers the price per share proportionally, so the total value of your holding remains unchanged.
How can I invest in Jojo Limited shares?
You can invest in Jojo Limited shares by opening a free demat and trading account with Upstox and placing a buy order during market hours.