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Nandan Denim, a multibagger small-cap company, is attracting attention today as the board of directors has set September 19 as the record date for its 1:10 stock split. Consequently, today is the last opportunity for investors to purchase shares and qualify for the split. The company had approved the share sub-division earlier in June before announcing the record date in September.
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A few recent policy reversals highlight the element of uncertainty that investors must grapple with after a decade of certainty, as Modi increasingly leans on coalition partners. Thats led to concerns stocks tied to government policies may continue to trail the broader market.
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This means today will be the last day to buy the shares of these companies in order to be able to qualify for the dividends announced by them.
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News and Media
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