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SPLIT OF SHARES MEANING

Split of share is to reduce the face value of the share. Say a face value of the stock is 10 and is split to 1 menas the one share will get convert to 10 shares but as the number of share will increase so the price will decrease in the same ratio as the worth of the stock has not boosted to such level so the value o the stock remain same after split also.Split of stock is done to reduce the stock trading value at index , whenever a stock get highly priced its volume of trading get reduced as it becomes out of reach of various traders so to improve the trading volume of the equity or make it more tradable for mass public the share is split to reduce the stock price. Spliting is also a positive news as the volume will increase in future and will boost the share price so split news also make a rise in the price of the stock.