Difference between Face Value and Market value
A face value has no relation with the market value of the share. Market value of the share will always change depending upon the market conditions. But the face value is a fixed value of the share as per the books of the company.
Split the face value of the share
A Face value or par value of the company share always remains the same, irrespective of the market price of that share. Companies have to right to split the face value of the share to Rs. 5, 2 or 1 to bring more volatility to the share.
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