TTK Prestige zooms 20%, hits record high as board to consider stock split

A stock split is generally done to make the scrip more affordable for small retail investors and increase liquidity

Shares of TTK Prestige hit a record high of Rs 10,586 as they zoomed 20 per cent on the BSE in Tuesday’s intra-day trade after the company said it plans to consider the proposal of stock split on October 27. The stock surpassed its previous high of Rs 9,579.95 touched on July 5, 2021.

At 10:35 am, TTK Prestige was trading 14 per cent higher at Rs 10,025, as compared to a 0.19 per cent rise in the S&P BSE Sensex. A combined around 145,000 equity shares have changed hands on the NSE and BSE so far.

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