Synopsis:

Stock broking company’s shares are in focus for tomorrow after its board approved for split issue in the ratio of 1:5.

A small-cap company that is in the business of broking and trading in equity securities and is also registered as an Investment Adviser and Merchant Banker with SEBI came into the spotlight after announcing that its board has approved for a split issue in the ratio of 1:5.

With Market Capitalization of Rs. 25,858.07 crore, Nuvama Wealth Management Limited closed at 7,170 on Tuesday, up by 0.52 percent from its previous closing price of Rs. 7,133 per equity share.

What’s the News?

Nuvama Wealth Management Limited has announced that the board has approved the proposal of a share split in a 1:5 ratio. Upon shareholder approval, each equity share with a face

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