Bharat Bijlee jumps 4% after it announces 1:2 stock split  

Shares of Bharat Bijlee, a transformers manufacturing company, began Wednesday's trading at ₹ 5,750, slightly down from the previous close, reaching a high of ₹ 6,069, marking a 4 % gain. The positive movement followed the company's announcement of board approval for a 2-for-1 stock split, aimed at expanding the shareholder base, increasing market liquidity, and making shares more affordable.