What to Watch. Cadila Healthcare to turn ex-split today

Shares of Cadila Healthcare will turn ex-split on Tuesday. Cadila proposes to split the face value from ₹5 to ₹1. So, the stock now trading at around ₹2,082, would trade in the range of ₹410-420 from Tuesday. In the F&O section, it will have a revised market lot of 1,500 units, up from 300 now. Options will also reflect the split. Life Insurance Corp holds 3.02 per cent stake in the company and Government Pension Fund Global 1.11 per cent.