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Indian Toners & Developers Ltd. announced a 1-for-5 stock split, meaning each existing share will be divided into five smaller shares. The move is designed to make the stock more affordable for smaller investors and improve trading liquidity in the market. At the same time, the company approved its FY26 financial results, which showed strong performance driven by operational efficiency improvements and steady sales growth. Full-year net profit reportedly climbed more than 21%, while quarterly profit rose nearly 14%, with revenue also increasing year-over-year. The company’s improving margins suggest better cost control and manufacturing efficiency in its toner business. Investors often view stock splits positively because they can increase retail participation, although the split itself does not change the company’s overall market value.
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