MCX Completes 1:5 Stock Split, Adjusting Share Price to Rs 2,220
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MCX Completes 1:5 Stock Split, Adjusting Share Price to Rs 2,220

MCX shares are trading around Rs 2,220 following a 1:5 stock split, a significant adjustment from the previous Rs 11,015 price. This change, effective after the January 2 record date, is a technical adjustment to make shares more accessible, not an indicator of market loss. The split increases the number of shares per investor while maintaining the total value of their holdings, aiming to boost liquidity and broaden the shareholder base.

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