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Ali Motors recently completed a 3 for 1 stock split. Prior to the split, the company had 10 million shares outstanding and its stock price was ₹ 150 per share. After the split, the total market value of the company’s stock equaled ₹ 1.5 Billion. What was the price of the company’s stock following the stock split?

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Ali Motors recently completed a 3 for 1 stock split. Prior to the split, the company had 10 million shares outstanding and its stock price was ₹ 150 per share. After the split, the total market value of the company’s stock equaled ₹ 1.5 Billion. What was the price of the company’s stock following the stock split?






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