@abc xyz My views and my thinking as I am not a HNI or a big or very big HNI. This forum has more HNI and very big HNIs in my opinion. So, my views will always be different. Here not talking about Senco Gold only but as a sub division of shares of any high price companies.
@Chhote Lal is absolutely right that stock splits have no material effect on overall value of companies as well as does not alter the value of an investor's share holding value.
Now my views on Stock split :
Small and medium level investors can also buy the good valued shares at lower rate. Here only one example of MRF. Suppose I have one share of MRF f v 10 purchased at 75,000 a piece. Now the share price of this share is more than 1.30 lakhs. This share is split into 5 shares f v of 2 a piece, so price of share will be 26,000 a piece.
Now I can sell 3 shares and my investment is MRF is recouped as I need money and can hold 2 shares at no cost and continue the share holder of MRF. (Company like MRF is not going to split and make more share holders in the company.)
On split of shares the small and medium level buyers may increase also and share price is likely to appreciate. So, the share holders will also be benefited. The trading volume will also increase. I have observed that many times share price appreciates after split as per marketcondition. In long run always better for investors.
Exceptions are always there. Way of thinking is also different from investors to investors. Level of financial also makes the thinking different. Risk appetite makes the thinking different. And so on.
This is all about good companies. My personal views on basic of my long association with share market. Not to hurt any member. I may be wrong also.