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Info Edge’s Board of Directors has approved the company’s first stock split, with shares to be split in a 1:5 ratio.

It currently sits at a price just below $1,000 per share, a point where companies often start thinking about a stock split. Netflix has already split its stock twice before, and it could do so ...

Info Edge shares currently carry a face value of ₹10 each and this will be the first instance of the company dividing its stock.