Lambodhara Textiles board meet for stock split

Shares of Lambodhara Textiles will remain in focus on Monday, as its board of directors will meet for a stock-split. The current face value of the stock is ₹10. Analysts will be keenly watching the stock split ratio. The move could help the company attract small investors, as it currently has just 725 retail investors, who own 10.89 stake (or 1.91 lakh shares). The stock recently got listed on the NSE. From a low of ₹14.8 in 2010, the stock has climbed to the current level of ₹935.