A Study of Stock Split and Its Impact on Goyal Aluminium Ltd and Jost’s Engineering Co.Ltd

  • Unique Paper ID: 167409
  • Volume: 11
  • Issue: 3
  • PageNo: 1169-1174
  • Abstract:
  • This study investigates the effects of stock splits on the financial performance of Goyal Aluminium Ltd and Jost’s Engineering Co. Ltd. by analyzing changes in their stock prices and the presence of abnormal returns surrounding the stock split events. The research also explores whether a significant relationship exists between stock prices before and after the split using a one-way ANOVA. By examining these factors, the study aims to provide a comprehensive understanding of how stock splits impact shareholder value and market perception for these two companies. The results will offer valuable insights for investors, financial analysts, and corporate decision-makers.

Cite This Article

  • ISSN: 2349-6002
  • Volume: 11
  • Issue: 3
  • PageNo: 1169-1174

A Study of Stock Split and Its Impact on Goyal Aluminium Ltd and Jost’s Engineering Co.Ltd

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