Coforge Limited witnessed a mild uptick in its share price on Wednesday, June 4, following the execution of a 1:5 stock split. The stock rose by 1.5% in intraday trade and was trading at ₹1,719 on the NSE around 1:30 PM, up 1.12% from its adjusted opening.

The company had earlier designated June 4, 2025, as the record date to determine eligible shareholders entitled to the split shares. Under the terms of the stock split, each equity share with a face value of ₹10 has been subdivided into five equity shares with a face value of ₹2 each.

A stock split is typically a strategic corporate action aimed at increasing the liquidity of a company’s shares by making them more affordable to a larger pool of investors, without altering the firm’s overall market capitalization. While the actual value of a shareholder’s investment remains unchanged, the number of shares they hold increases proportionately.

Such actions are often seen as a positive signal by investors, reflecting a company’s confidence in its stock performance and long-term growth outlook. In Coforge’s case, the market appeared to respond positively to the adjustment, with the modest price gain indicating investor approval.