Stock in Nestle India falls 2% at split expiration
Nestle India’s share price started to decline as soon as the stock started trading ex-split on Friday. Following a challenging morning, it dropped as low as Rs 2,657 per share on the Bombay Stock Exchange (BSE). From the equity share’s closing price of Rs 2,711.60 on Thursday, this represents a fall of about 2%. Due to their increased affordability, investors…