{"id":140792,"date":"2024-12-16T11:41:11","date_gmt":"2024-12-16T06:11:11","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=140792"},"modified":"2024-12-16T12:04:55","modified_gmt":"2024-12-16T06:34:55","slug":"stock-jumps-after-company-sets-record-date-for-110-stock-split","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-after-company-sets-record-date-for-110-stock-split\/","title":{"rendered":"Stock jumps after company sets record date for 1:10 stock split"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3793143288\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>India&#8217;s market for <strong>tax consultancy, management advisory, and legal services <\/strong>is witnessing rapid growth, driven by economic expansion, globalization, and regulatory complexities. With businesses navigating evolving tax laws like GST and international taxation, demand for professional tax advisory services has surged. The rise of startups and MSMEs has further fueled the need for management advisory services to ensure compliance, financial planning, and business optimization.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2599265346\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Additionally, India&#8217;s focus on ease of doing business and initiatives like &#8220;Make in India&#8221; have created immense opportunities for legal services in corporate law, intellectual property, and dispute resolution. The increasing digitalization of compliance and taxation processes presents untapped potential for tech-enabled consultancy. This sector is set to grow exponentially, catering to both domestic and global markets.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Share Price&nbsp;<\/strong><\/h2><p>The shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/543372\" target=\"_blank\" rel=\"noreferrer noopener\">Getalong Enterprise Ltd.<\/a><\/strong> are currently trading at Rs. 533 up by 1.93% from its previous close of Rs. 522.9 as of December 16, 2024.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What is a Stock Split?&nbsp;<\/strong><\/h2><p>A stock split is a corporate action in which a company increases the number of its outstanding shares while reducing the face value of each share, without affecting the overall market capitalization. For example, in a 2-for-1 split, each shareholder receives an additional share for every share held, but the price per share is halved.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2038882920\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Stock splits are often done to improve liquidity and make shares more affordable for retail investors. Although the total value of an investor&#8217;s holdings remains unchanged, the reduced share price can attract more investors, potentially increasing trading activity and demand for the stock.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Know the record date and the Split Ratio&nbsp;<\/strong><\/h2><p>The Company has announced that <strong>Thursday, January 2, 2025<\/strong>, will be the <strong>Record Date <\/strong>for determining the eligibility of shareholders for the stock split. Each <strong>equity share <\/strong>with a face value of <strong>Rs. 10 <\/strong>will be split into <strong>10 equity shares <\/strong>with a face value of <strong>Re. 1 each<\/strong>, fully paid up. This decision, approved by the shareholders during the Extraordinary General Meeting (EGM) held on <strong>December 13, 2024<\/strong>, aims to enhance liquidity and make the shares more affordable for investors. Shareholders holding shares as of the Record Date will be eligible to receive the additional shares resulting from this sub-division.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company&nbsp;<\/strong><\/h2><p>Incorporated in 2020, Getalong Enterprise Ltd offers comprehensive Tax Solutions and Allied Services. The company provides a wide range of services including Tax Advisory, Management<\/p><p>Consultancy, Tax Compliance, Legal Services, Business Formation, Accounting Services, Financial Services, and more. ISO 9001:2015 certified, Getalong Enterprise is dedicated to delivering personalized and customized solutions in a hassle-free manner. As a one-stop provider for all tax and allied services, the company aims to cater to its clients&#8217; diverse needs with excellence and efficiency.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By: Dipangshu Kundu&nbsp;<\/strong><\/p><\/blockquote><h2 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h2><div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on&nbsp;<a href=\"https:\/\/tradebrains.in\/\">tradebrains.in<\/a>&nbsp;are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-2147635103\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>India&#8217;s market for tax consultancy, management advisory, and legal services is witnessing rapid growth, driven by economic expansion, globalization, and regulatory complexities. With businesses navigating evolving tax laws like GST and international taxation, demand for professional tax advisory services has surged. The rise of startups and MSMEs has further fueled the need for management advisory [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":69898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[25477,25480,25479,948,936],"class_list":["post-140792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-getalong-enterprise","tag-getalong-enterprise-latest-news","tag-getalong-enterprise-stock-split","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock jumps after company sets record date for 1:10 stock split - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"India&#039;s market for tax consultancy, management advisory, and legal services is witnessing rapid growth, driven by economic expansion, globalization, and regulatory complexities. 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