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Stock Split is a corporate action, in which companies increase the number of outstanding shares by splitting the face value of the share. The investment value before and after the split remains the same, the price reduces, and the number of shares increases. It is usually done to increase retail participation in the stock.
The split shares might take 2-3 days to be shown in your kite holding after it gets listed on the exchange.
Ex - If there is a split at 1:2 and you had 100 shares of ABC at a price of Rs 500, then after the split, the total shares would be 200 and the new price will be Rs 250.
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