Question

Statement : In the backdrop of Maruti Suzuki share touching the milestone of ₹ 10,000 and questions on whether the company would consider a ‘stock split’ to make it more affordable for small retail investors, chairman R C Bhargava said he personally was not in favor of such a move as there was no lack of buyers at the current price. Which of the following assumption(s) is implicit? Assumptions :
I. The share value of Maruti Suzuki is rising.
II. ₹ 10,000 share price is not affordable for small retail investors.
III. Many people are buying the shares of Maruti Suzuki.

A Both II and III
B Only II
C Only III
D All of the above
E None of the above
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