Navigating Stock Splits: Separating Cosmetic Changes from Fundamental Valuation

Imagine you are updating your valuation model for a high-growth mid-cap stock that has just announced a 1:5 stock split. Your current model projects an Earnings Per Share (EPS) of Rs. 50, but the upcoming corporate...

Seeing Through the Optics: Share Consolidation and Market Psychology

Imagine you are finalizing an initiation report on a micro-cap stock that has spent years languishing at Rs. 4 per share. Your lead analyst suddenly suggests that the management is planning a 5:1 share consolidation to...