1:10 stock split effect: Jewelery stock gives a 200% return to share allottees in two years
Shares of Motisons Jewelers have provided approximately a 200% return to IPO investors over a two-year period, aided by a 1:10 stock split. The company initiated its public offering in December 2023 at a price range of ₹52- ₹55 per share, with a lot size set at 250 shares, which meant an investor would need…