Tata Investment Corp had announced the record date of stock split earlier last week, fixing it as Oct. 14 (Photo source: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Tata Investment Corporation Ltd.'s share price rose as much as 10.48% during trade so far to Rs 9,769.5. The scrip rose over 14% in the last week and on Sept. 23 had risen 13.31%, to its 18-month high.

The company had announced the record date of stock split earlier last week, fixing it as Oct. 14. On Aug. 4, the company had announced that it has approved the plan to split its stock in the ratio of 1:10. Accordingly, the stocks of Rs 10 per share face value will be reduced to Rs 1 per share face value.

"Existing 1 (one) Equity Share of face value Rs 10 (Rupees Ten only) each, be sub-divided into

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